President Trump mentioned Sunday he’ll signal an government order Monday to cap prescription drug and pharmaceutical costs on the lowest price supplied to every other nation.

America has notoriously paid greater than different developed nations for a similar pharmaceuticals. However underneath Trump’s “most favored nation” coverage, the president hopes to make sure “the United States will pay the same price as the Nation that pays the lowest price anywhere in the World.”

“Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before. Additionally, on top of everything else, the United States will save TRILLIONS OF DOLLARS,” Trump continued, in a Sunday publish on Reality Social.

Trump mentioned he’ll signal the chief order on the White Home at 9 a.m. EDT on Monday. He known as the chief order “one of the most consequential Executive Orders in our Country’s history.”

“Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%. They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!” Trump added within the social media publish.

Politico reported final week that the president deliberate to signal an government order directing aides to pursue the “most favored nation” initiative for a “selection of drugs within the Medicare program.”

On the time, Politico reported that particulars have been topic to vary and that the president had not but personally authorised the plan.