Delivering Most-favored-nation Prescription Drug Pricing to American Patients

Honest Title:

Executive Price Control & Deregulation Risks

Constitutional Risk:
8
Signed by: DONALD J. TRUMP
Signed: 5/12/2025
Last Updated: 6/15/2025
Executive Order

Summary

Orders agencies to secure "most-favored-nation" drug prices for Americans, mandating that US patients pay no more than the lowest price offered to developed nations globally, aiming to end perceived foreign "freeloading" on US drug costs. This EO compels price cuts by leveraging the US market, likely hitting pharma profits hard. Republicans may miss potential consumer relief; Democrats might overlook how this impacts innovation funding models reliant on high US prices or triggers complex trade disputes beyond simple "freeloading."