Trump announces 59% cut in prescription drug prices in US
ISTANBUL (AA) – US President Donald Trump announced on Monday that prescription drug prices in the country will be reduced by 59%, without providing further details.
“Drug prices to be cut by 59%, plus!” Trump said on his Truth Social platform.
“Gasoline, energy, groceries, and all other costs, down. No inflation!!!”
The annual inflation rate in the US was 2.4% in March and 2.8% in February.
Trump has previously criticized Federal Reserve Chair Jerome Powell on interest rate and inflation issues.
On Wednesday, the Fed decided not to lower the policy rate, keeping it in the range of 4.25% to 4.5%.
Trump wants to lower interest rates.
Have Your Say!
Have you been affected by the issues raised in this story? Please share your experiences by emailing haveyoursay@soundvision.com.
Please include a contact number if you are willing to speak to a Muslim Network TV’s representative. You can also get in touch in the following ways:
Tweet: @MuslimNetworkTV
We must take charge of our narrative. Research indicates that 92% of their Muslim coverage is negative. Help us change that.
