Consumer Confidential: Trump again promises a plan to reduce drug prices. It won't work
President Trump recently reiterated the pledge he made before taking office - that he'd work tirelessly to lower prices of prescription drugs.
"Hard-working Americans don't deserve to pay such high prices for the drugs they need," Trump tweeted the other day. "We are fighting DAILY to make sure this HAPPENS."
His solution, he said, is for Americans to import drugs from Canada "that are MUCH CHEAPER than what we have now."
This idea relies on Canada doing us a big favor, which is looking increasingly unlikely. More on that in a moment.
If the president were serious about addressing stratospheric drug prices and pharmaceutical-industry greed, he'd be proposing more aggressive measures.
He'd be following
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