Trump to sign executive order on reducing prescription drug prices

WASHINGTON (Reuters) -U.S. President Donald Trump said on Sunday he would sign an executive order that he said would reduce prescription drug and pharmaceutical prices by between 30% and 80%. In a post on Truth Social, Trump said he would sign the executive order on Monday morning. "I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World," Trump added.