Trump to sign decrees to cut drug prices on Friday

U.S. President Donald Trump will sign executive orders on Friday, July 24, aimed at reducing prices for medicines. This was reported by The Hill on July 23.

The publication has received an invitation to the event in the White House, where the American leader is expected to announce it. It is noted that the details of the orders are not yet known and the authorities’ plans may change.

The soon-to-be-approved adoption of the document may be linked to the upcoming presidential election, the newspaper writes, and pressure on the head of state on the issue of health care, especially after his support for the abolition of the law on affordable health care.

On May 12 Trump announced the launch of a campaign aimed at reducing the price of medicines in the country. He assured that the authorities would no longer reward companies that constantly inflated their prices.

Such a decision is expected to put an end to unfair double deals, which would allow intermediaries to enjoy benefits and discounts for consumers and patients.