Trump Hails Record Drop in US Prescription Drug Prices

Trump Hails Record Drop in US Prescription Drug Prices

Trump celebrates federal data showing prescription drug prices fell 0.8% in July and 3.1% over the year, crediting his most-favored-nation deals and the TrumpRx website.

Richard Miniter
First Published: August 28, 2026, 11:28 AM ET

Donald J. Trump touted a record decline in US prescription drug prices, crediting his administration’s pricing deals with pharmaceutical companies.