May 15th, 2025
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President Trump wants companies to make medicine cheaper in 30 days.
A new plan says the health department must agree on lower prices for medicine in one month. If not, the U.S. will pay the same price as other countries for medicine.
Trump said, "We will make things equal. Everyone will pay the same. We will pay like Europe."
We don't know if the president's decision will change things for many people with health insurance.
Trump said medicine prices might be lower. This was after the House showed a plan to save money for healthcare.
The companies said it was not good because they might not make new medicines.
Bringing prices from other countries here is not good for people in America. It means fewer new medicines and puts jobs at risk.
Trump wanted to pay less for some medicines.
The court stopped the rule about medicine prices. Drug companies said it was not fair.
Trump spoke about medicine prices on Monday.
But he said he would check the companies' business. He also said he would let more medicines from other countries come into the U.S.
Trump said drug companies make a lot of money from America, and he said this is not good.
Trump said his plan can save a lot of money.
But on Monday, the White House did not say how much money it could save.
Health leaders will meet drug companies soon. They want lower prices for medicine.
Medicine prices will not go down quickly. An expert named Rachel Sachs said this.
Sachs said, "The plan seems to ask companies to lower prices. We don't know the price. If they don't lower prices, the government will do other things. This could take a long time, maybe years, to make medicine prices lower."
The government can change the price of some medicines for old people and poor people. A new law says they can talk about the price of some medicines. Before, they paid what the company asked.
It is hard for the government to change the price of medicine for many people in America who have private insurance.
Drugs in the U.S. cost more than in other countries. This is a big problem. People want to fix it, but it is hard.
Trump said medicine companies were bad and other countries paid less for drugs.
Before the news, Trump wrote online that drug companies said only people in America paid for their research.
He said money for campaigns helps some people, but it does not help him or his party.
"We will do the correct thing," he wrote.
Some medicine companies did well on the stock market on Monday.
May 15th, 2025
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