U.S. President Donald Trump speaks during a press conference in the Roosevelt Room at the White House in Washington, D.C., U.S., May 12, 2025. <\/p>\n
Nathan Howard | Reuters<\/p>\n
President Donald Trump on Tuesday will announce an agreement with Pfizer<\/a> to voluntarily sell its medications at lower prices, as his administration pushes to link U.S. drug prices to the cheaper prices paid abroad.<\/p>\n Trump will announce a drug pricing deal with Pfizer at 11 a.m. ET, White House spokesperson Kush Desai said in a statement. Pfizer CEO Albert Bourla will be in attendance, he added.<\/p>\n Pfizer did not immediately respond to a request for comment. The Washington Post first reported<\/a> the news on Tuesday.<\/p>\n Trump sent letters to Pfizer and 16 other drugmakers <\/a>calling on them to take steps to lower drug prices by Sept. 29. The letter came after Trump in May signed an executive order reviving a controversial plan, the “most favored nation” policy, that aims to\u00a0slash drug costs<\/a>\u00a0by tying the prices of some medicines in the U.S. to the significantly lower ones abroad.<\/p>\n This is breaking news. Please refresh for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. President Donald Trump speaks during a press conference in the Roosevelt Room at the White House in…\n","protected":false},"author":2,"featured_media":47055,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[36877,6461,114,357,54,163,2579,521,85,46,32225],"class_list":["post-47054","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-albert-bourla","tag-breaking-news-business","tag-business","tag-business-news","tag-donald-trump","tag-health","tag-health-care-industry","tag-healthcare","tag-il","tag-israel","tag-pfizer-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/47054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=47054"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/47054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/47055"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=47054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=47054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=47054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}