May 15th, 2025
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President Trump signed a paper. He wants companies to sell medicine for less money in 30 days. If they don't, the government will not pay as much for the medicine later.
The government wants the health department to get good prices for medicines.
"We will make things equal," Trump said. "Everyone will pay the same. We will pay like Europe."
We don't know if the president's rule will change things for many Americans with private health insurance.
Trump says medicine prices could be lower. This is after a plan to cut money for health care.
Big drug companies said the order was bad for people in America. They said if they make less money, they can't make new medicines.
Bringing prices from other countries to America is not good for people here. It means fewer medicines and fewer jobs.
Trump wanted to pay less for some medicines for older people.
A court stopped the rule from starting.
Trump said other countries make medicine cost a lot for people in America.
He said he would check the companies. He also said other countries could sell medicine in the U.S.
Trump said drug companies make a lot of money from America. He said this is not good.
Trump said his plan could save a lot of money.
But on Monday, the White House did not say how much money it could save.
Health leaders will meet with drug companies soon. They will talk about new prices for medicine.
Medicine prices in America will not go down fast, said expert Rachel Sachs.
Sachs said: The plan is to ask companies to make prices lower.
A new rule means Medicare will pay less for some medicines from 2026.
It is hard for the agency to change the price of medicine for people with private insurance.
In the U.S., medicine is very expensive. It costs more than in many other countries. This is a big problem, but they cannot fix it.
Trump said medicine companies were bad. He said other countries paid less for medicine.
Before he spoke, Trump was angry at the companies that make medicine.
He said money from drug companies helps them, but not him or his party.
He wrote, "We will do the right thing."
Some companies that make medicine had a good day on the stock market on Monday.
May 15th, 2025
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