Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BumRushDaShow

(160,828 posts)
Fri Sep 12, 2025, 03:07 PM Sep 12

Exclusive: Lutnick says Trump will force drugmakers to lower prices

Source: msn/Axios

9h


President Trump is turning up pressure on drugmakers to lower prices and demanding they commit within weeks to his "most-favored nation" policy, Commerce Secretary Howard Lutnick tells Mike Allen in the premiere episode of "The Axios Show."

Why it matters: The initiative — which calls for charging the U.S. less for drugs than comparable countries — continues Trump's efforts to reshape drug pricing through threats and public shaming.

  • It also raises the stakes for pharmaceutical manufacturers as they face threatened tariffs.
  • "The Axios Show" is our new series featuring our top reporters and experts interviewing newsmakers shaping politics, media, business, tech and culture. The full episode with Lutnick is out today.


  • What they're saying: "The president's going to say that you drug manufacturers cannot sell here unless you sell there at a higher price. Stop being willing to sell to them at such a low price," Lutnick said.

  • Trump says having the EU and other nations pay more for pharmaceuticals would lower the proportion of research and development costs borne by American consumers.


  • Between the lines: The action is as much about sticking it to the European Union and other countries that set lower drug prices for their citizens as it is about going after the pharmaceutical industry.

    Read more: https://www.msn.com/en-us/politics/government/exclusive-lutnick-says-trump-will-force-drugmakers-to-lower-prices/ar-AA1MpqYy
    20 replies = new reply since forum marked as read
    Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
    Exclusive: Lutnick says Trump will force drugmakers to lower prices (Original Post) BumRushDaShow Sep 12 OP
    The drug companies are today's extortion targets. Irish_Dem Sep 12 #1
    Kind of hard to argue with lowering drug prices, we've been clamoring about our prices being higher for decades. Now, Silent Type Sep 12 #2
    "A lot of drug companies aren't American" so we will pay much more for their products bucolic_frolic Sep 12 #4
    Free market Republicans using the power of government to coerce outcomes bucolic_frolic Sep 12 #3
    Are we great yet? Soon? Two weeks? Next year? 2029? Never? twodogsbarking Sep 12 #5
    So..... Bayard Sep 12 #6
    Yes, you have it right. SharonAnn Sep 12 #15
    Is this like when he lowered the price of Insulin? LiberalArkie Sep 12 #7
    So we can expect a large increase in drug prices. You betcha' twodogsbarking Sep 12 #8
    And if they don't, we won't approve your new drugs. scipan Sep 12 #9
    The only place where I haven't seen the price go up tavernier Sep 12 #10
    Sure...to the HUGE Corporations that buy drugs wholesale. Everyone else gets double fucked Bengus81 Sep 12 #11
    After Big Pharma raises pricesx5 they will concede a 3 percent drop Ford_Prefect Sep 12 #12
    I don't think it will work. Figarosmom Sep 12 #13
    Yeah, right. Trump said it so it must be true. Martin68 Sep 12 #14
    Not sure I understand kwolf68 Sep 12 #16
    Sounds like a commie. Old Crank Sep 13 #17
    Yup, like illegal tariffs will lower prices. republianmushroom Sep 13 #18
    Uh huh. And will he do it before or after he walks on water? Vinca Sep 13 #19
    No one in America should have to pay more than anyone else in the world. The Mouth Sep 13 #20

    Silent Type

    (11,266 posts)
    2. Kind of hard to argue with lowering drug prices, we've been clamoring about our prices being higher for decades. Now,
    Fri Sep 12, 2025, 03:11 PM
    Sep 12

    whether trump can do it is a big question. I doubt it, but I'm not going to totally discount it. A lot of drug companies aren't American and trumpsters hate foreigners.

    bucolic_frolic

    (52,518 posts)
    4. "A lot of drug companies aren't American" so we will pay much more for their products
    Fri Sep 12, 2025, 03:21 PM
    Sep 12

    and won't be able to afford the drugs we need. This is handing pharmaceutical research to foreign companies. We are surrendering our competitive edge yet again.

    bucolic_frolic

    (52,518 posts)
    3. Free market Republicans using the power of government to coerce outcomes
    Fri Sep 12, 2025, 03:13 PM
    Sep 12

    This is another whack at scientists too

    Bayard

    (27,172 posts)
    6. So.....
    Fri Sep 12, 2025, 03:38 PM
    Sep 12

    Our costs remain the same, but other countries have to raise their's. Do I have that right?

    scipan

    (2,947 posts)
    9. And if they don't, we won't approve your new drugs.
    Fri Sep 12, 2025, 04:54 PM
    Sep 12

    See:
    https://www.democraticunderground.com/10143528922

    FDA wants to stop expert review for new drugs. Only in house reviews.

    tavernier

    (13,973 posts)
    10. The only place where I haven't seen the price go up
    Fri Sep 12, 2025, 05:05 PM
    Sep 12

    Is on my paycheck stub.

    Is that so hard to understand, Congress?

    Figarosmom

    (8,781 posts)
    13. I don't think it will work.
    Fri Sep 12, 2025, 09:28 PM
    Sep 12

    The companies have contracts with other countries. They won't break them.

    kwolf68

    (8,142 posts)
    16. Not sure I understand
    Fri Sep 12, 2025, 10:27 PM
    Sep 12

    Thought Republicans were for capitalism, you know price is set by supply and demand. He's gonna meddle in the market economy? Interesting.

    Old Crank

    (6,262 posts)
    17. Sounds like a commie.
    Sat Sep 13, 2025, 08:54 AM
    Sep 13

    State mandating what business can charge.

    Now the US has essentially slapped a 50% tariff on Swiss products. Almost a 15% devaluation of the dollar and 39% tariff. MAGA.

    The Mouth

    (3,395 posts)
    20. No one in America should have to pay more than anyone else in the world.
    Sat Sep 13, 2025, 02:59 PM
    Sep 13

    Best just to go back to the Constitution and after 7 years, anything and everything is in the public domain.

    Latest Discussions»Latest Breaking News»Exclusive: Lutnick says T...