Trump says he has signed new executive order to lower drug prices

U.S. President Donald Trump said on Sunday he had signed a new executive order aimed at lowering drug prices in the United States by linking them to those of other nations.

"My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries. The days of global freeriding at America's expense are over," Trump said in a Twitter post, adding: "Also just ended all rebates to middlemen, further reducing prices."