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Wednesday, May 14, 2025

Why I Do Not Trust Reuters

5/14/25 Reuters:
"LONDON, May 14 (Reuters) - European governments are examining whether U.S. President Donald Trump can force them to pay more for prescription medicines, after he issued an executive order to lower U.S. drug prices, roiling the global pharmaceutical industry.'

The executive order does not force them to pay more, it forces American drug makers to charge Americans less.

1 comment:

  1. The GOAL is for drug-makers to charge Americans less, but the TEXT is that we can't be charged more than they charge in similarly situated countries. The outcome is not necessarily that we're charged less, as one can also comply by charging them more.
    https://schaeffer.usc.edu/research/most-favored-nation-drug-pricing-has-three-significant-problems/

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