President Donald Trump will announce a plan to lower U.S. prescription drug costs by tying the amount the government pays for some medications to prices paid abroad.

U.S. President Donald Trump is expected to sign an executive order as early as next week that would revive an effort to decrease drug costs by tying the amount the government pays for some medicine to lower prices abroad,

President Donald Trump signed an executive order Monday to reduce the time it takes to approve pharmaceutical plants in the country, in an effort to encourage domestic manufacturing. FDA Commissioner Dr.