8/3/2020

DRUGS/HEALTHCARE: “We are working very hard also on prescription drug prices. And I will tell you that the favored nations clause that I’ve signed into existence — nobody thought anybody would ever do that — has a massive impact on prescription drug prices…

For instance, if Germany buys a pill for 10 cents a pill, as an example — just as an example — and the United States pays 2 dollars for the same pill, we get the same privilege, the same right as they do. We never had that before. We paid all of the expenses, all of the research and development. So the — the numbers are astronomical. And as you probably noticed, big ads are taken against me by big pharma. Very big ads. Very massive buy.”

-Donald Trump, “Remarks by President Trump in Press Briefing | August 3, 2020,” whitehouse.gov, Aug. 3, 2020