President Donald Trump took on Big Pharma Monday with an executive order that will reduce the prices for prescriptions. The

The market reaction came as Trump signed a wide-ranging executive order aimed at slashing prescription drug prices in the US.

There are many problems with the plan. It ignores the fact, for instance, that generic drugs, which make up 90% of prescriptions in America by volume, cost around a third less than in other rich countries, according to the rand Corporation, a think-tank.

President Donald Trump signed a sweeping executive order Monday morning that promises to crack down on “unreasonable or discriminatory” practices by foreign countries that result in Americans paying far higher costs for prescription drugs.

President Donald Trump wants drugmakers to work with his federal health department to reach an agreement on a most favored nation price for their medicines.

President Trump signed the executive order shortly before 11 a.m. after a press conference in which he and top officials railed against the drug industry and painted the order as

Secretary of Health and Human Services Robert F. Kennedy Jr. praised President Donald Trump for his courage and fortitude in standing up to Big Pharma with his executive order on prescription drug prices.