Higher Prices Here, Higher Prices There, Higher Prices Everywhere
SHOT: Trump Promises to Cut Drug Prices by 1,000% (Don’t Ask, Math Is Hard). “Trump: You understand and we will be reducing drug costs over the next year by not 50 or 60% but by 1000%…” [X, 09/18/25]
CHASER: Drug Companies Respond by… Raising Prices Abroad. “Big drug companies so far are responding to President Trump’s demand they commit to his ‘most favored nation’ pricing policy by raising prices abroad without cutting them in the U.S.” [Axios, 09/24/25]