On May 11, 2025, former U.S. President Donald Trump announced plans to sign an executive order aimed at significantly reducing prescription drug prices by aligning them with the lowest prices paid in other high-income countries. This "most favored nation" pricing policy is intended to ensure that Americans pay prices 30% to 80% lower, similar to what other developed nations spend on medications. The executive order is scheduled to be signed at 9 a.m. Eastern Time on Monday. Trump emphasized that this move would ensure fair treatment for the U.S. and significantly cut healthcare expenses for American citizens, potentially saving the country trillions of dollars. This policy seeks to align U.S. drug prices with those of other countries, where national health...