Trump asks the drug industry to voluntarily lower prices for U.S. consumers or be subject to a barrage of regulatory actions to force lower prices.

As in negotiations with foreign nations, minor concessions by drug companies are more likely than a true overhaul.

Donald Trump has had a fascination with words recently. First, it was groceries. On Monday, the president claimed he invented a “new word” while talking about his proposal to lower drug prices by 80%. Basically, what we’re doing is equalizing. There’s a new word that I came up with, which is probably the best word," he said.

President Donald Trump plans to hold a news conference on drug prices Monday before departing on a four-day trip to Saudi Arabia, Qatar and the United Arab Emirates. Trump said Sunday night that he will sign an order pegging the prices of U.

If President Donald Trump imposes drug tariffs that affect the cheap generic medicines Teva Pharmaceutical Industries makes, the company’s CEO says he’ll have no choice but to raise their prices. “Ultimately,