Trump announces major drug pricing deal

President Donald Trump has announced that 17 of the world's largest pharmaceutical companies, representing 80% of the branded drug market, have agreed to sell their drugs to American patients at the lowest price offered in any developed country. In a new social media post, Trump touted the deal's impact, claiming it has secured "gigantic discounts, with price differences up to 600%—600%!" The agreement is part of the administration's effort to lower prescription drug costs, a long-standing political promise. The President's post did not specify which drugs or companies are involved in achieving the claimed discounts.