The Trump Administration’s Drug Price Actions and Why US Prices Are Already Sky-High
May 17th 2025
By Skylar Jeremias
ArticleWhile the Trump administration’s latest executive order touts sweeping drug price cuts through international benchmarking, the broader pharmaceutical pricing crisis in the US reveals a far more complex web of development costs, profit incentives, and absent price controls—raising the question of whether any single policy, including potential drug tariffs, can truly untangle it.