Trump signs executive order on drug pricing, prompting pushback from stakeholders

Photograph by Drew Angerer/Getty Photos

Pursuing a “most favored nation” solution, President Donald Trump signed an government order on Sunday aimed at lowering drug costs, which phone calls for Medicare to pay out the same selling price for specified prescription drugs that other international locations pay out.

It effectively repeals a former government order that was nearly similar in strategy, but that Trump held back on to see if he could negotiate a superior offer with drug companies. The new government order expands the listing of drugs protected to incorporate equally Medicare Components B and D, the idea remaining that

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TikTok chief Kevin Mayer quits in wake of Trump ban threat

Earlier this thirty day period, the US president signed an govt order to block TikTok if ByteDance did not stop the app’s US functions by the center of September. A 7 days later on, he issued another order supplying ByteDance ninety times to entire the deal.

In June, the business was also on the acquiring stop of a ban from the Indian government after it blocked 59 Chinese applications adhering to a border clash between India and China.

Mayer wrote to the Indian government declaring Beijing had never requested consumer information, nor would TikTok change it in excess of if

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Donald Trump pledges tariffs on companies that leave US to create jobs abroad

President Trump said on Thursday that if he was re-elected, his administration would impose tariffs on any organization that leaves the United States to generate work opportunities somewhere else.

“We will impose tariffs on any organization that leaves The united states to develop work opportunities overseas,” Mr Trump said in his acceptance speech at the Republican Countrywide Convention.

“We are going to make sure our firms and work opportunities keep in our region, as I’ve already been executing. Joe Biden’s agenda is Produced in China. My agenda is Produced in the Usa.”

Mr Trump portrayed himself as obtaining been willing

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Trump abruptly escorted from briefing after shooting near White House

US President Donald Trump was abruptly escorted by a US Key Support agent out of a stay press briefing on coronavirus as a precautionary measure, immediately after a taking pictures incident outdoors the White Property.

Subsequent the incident on Monday, Trump minutes afterwards returned for the news conference and said points had been beneath handle.

“White Property seems to be incredibly effectively beneath handle. I would like to thank the Key Support for executing their –usually speedy and incredibly powerful work but there was an real taking pictures and any individual has been taken to the clinic, Trump told reporters

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Trump orders agencies to purchase U.S. made drugs and medical supplies

President Donald Trump on Thursday signed an executive purchase establishing a “invest in American initially” coverage on the order of important medications, health-related devices and their elements and particular protecting tools.

The purchase requires U.S. organizations to order important medications and health-related supplies from domestic sources, rather of from international countries this kind of as China.

It will be up to the Food items and Drug Administration to develop a record of crucial supplies, such as the important medication.

“The United States ought to protect our citizens, crucial infrastructure, armed service forces, and financial state in opposition to outbreaks of

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