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this post was submitted on 13 May 2025
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chapotraphouse
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I'm not sure why the neoliberal guy is upset about Trump's execute order. The executive order does not at all say that it will reduce pharmaceutical profits. Nor does it say how it will reduce drug prices. If anything, this executive order is intended to increase pharmaceutical profits.
Trump's "Most Favored Nations" drug policy is not about lowering drug prices, the executive order simply says that the US should pay the lowest drug prices in the world. For Trump, that doesn't mean lowering drug prices in the US, it means raising drug prices in other countries. If you read the executive order, it's mostly about demanding that drug companies raise drug prices in other countries. Trump said at the signing that he wants to put tariffs on drug companies which offer lower prices in other countries. The executive order is just US nationalism applied to drug prices.
Jesus, that's some weird shit tbh. Putting prices up because you hate that they're too low for someone else? Yikes...
Ugh, JDPON Don’s a succdem revisionist. Figures….