"President Trump illustrated concerns over drug prices with a friend's anecdote about paying significantly less for medication abroad compared to exorbitant costs in the U.S."
"Trump's friend, a wealthy businessman, expressed shock at paying $88 for medication in London while being charged $1,300 in New York, highlighting pricing disparities."
President Trump addressed the issue of high drug prices during a statement on Monday, where he vowed to implement price controls through an executive order. He shared a story about a wealthy friend who experienced an extreme difference in medication costs between London and New York, paying $88 abroad versus $1,300 at home, which exemplified the problem of inflated prices in the U.S. This anecdote served to underscore the administration's commitment to tackling drug affordability for Americans while also criticizing the existing pricing model.
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