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US President Donald Trump has warned major pharmaceutical companies to lower drug prices or risk facing serious consequences if he returns to power.According to the White House, Trump has issued formal letters to 17 pharmaceutical firms, demanding they reduce prices for essential medicines.
He also posted the letters on his Truth Social platform, declaring: “Big Pharma’s days of ripping off Americans are coming to an end.
”In the letters, Trump accused the companies of “gouging American families” and hinted at executive actions or legislation to rein in drug prices if he is elected again in November.“Either you lower your prices voluntarily, or we will do it for you,” Trump wrote.