Will Trump's executive order reduce drug prices?

On Monday, President Donald Trump signed an executive order aimed at lowering prescription drug prices for U.S. citizens by establishing “most-favored-nation pricing.” The order directs the secretary of Health and Human Services (HHS) to facilitate price targets for pharmaceutical companies, tying their prices to what consumers pay in other countries. “We’ve been subsidizing other countries throughout the world,” Trump said at a White House signing ceremony on Monday, adding that “some prescription drug and pharmaceutical prices will be reduced almost immediately by 50 to 80 to 90%.”

Ad-free podcasts are here!

Many listeners have been asking for an ad-free version of this podcast that they could subscribe to — and we finally launched it. You can go to ReadTangle.com to sign up!

You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today’s “Have a nice day” story ⁠here⁠.

Take the survey: What do you think of Isaac’s take today? Let us know!

Disagree? That's okay. My opinion is just one of many. Write in and let us know why, and we'll consider publishing your feedback.

You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. 

Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.

This podcast was written by Isaac Saul and edited and engineered by Dewey Thomas. Music for the podcast was produced by Diet 75.

Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Hunter Casperson, Kendall White, Bailey Saul, and Audrey Moorehead. 

Hosted on Acast. See acast.com/privacy for more information.