Trump to Sign Executive Order Reducing Cost of Prescription Drugs

https://lemmy.world/post/29527188

Trump to Sign Executive Order Reducing Cost of Prescription Drugs - Lemmy.World

Big pharma will raise the prices around the world to match the US: >the United States will pay the same price as the Nation that pays the lowest price anywhere in the World

trump’s only doing this because his approval is in the shitter and he’s desperate.

But the president can just do that? WHY THE FUCK DIDN’T BIDEN?

No they can’t just force drug companies to lower prices with a an executive order. Executive orders aren’t laws, they are orders to the parts of government that the President has power over. The president can order that agencies to look into ways of lowering costs, but Congress has to actually pass laws to legally limit prices.
So trump’s overstepping?
No he’s being a blowhard as usual, saying he’s doing things that he’s not. He can sign an executive order but that’s not going to do anything to get drug companies to give to their profits, because he has no direct legal power over them.