FACT FOCUS: Trump says he’s cut drug prices by up to 1,500%. That’s not possible
- Posted on August 4, 2025
- By The Toronto Star
- 3 Views

FACT FOCUS: Trump says he’s cut drug prices by up to 1,500%. That’s not possible

Days after he sent letters instructing top pharmaceutical manufacturers to use a “most favored nation” pricing model for prescription drugs, President Donald Trump told reporters on Sunday that he had