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U.S. President Donald Trump on Tuesday announced that drug maker Pfizer has agreed to provide prescription medications to Medicaid at most-favored-nation prices, matching the lowest prices offered in other developed nations. Also, the company will invest $70 billion in U.S. manufacturing.

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U.S. President Donald Trump on Tuesday announced that drug maker Pfizer has agreed to provide prescription medications to Medicaid at most-favored-nation prices, matching the lowest prices offered in other developed nations. Also, the company will invest $70 billion in U.S. manufacturing.

Under the agreement, Pfizer receives a three-year grace period from pharmaceutical tariffs in exchange for domestic manufacturing. Trump has threatened 100% tariffs on companies that don't build U.S. facilities.

Under the agreement, Pfizer receives a three-year grace period from pharmaceutical tariffs in exchange for domestic manufacturing. Trump has threatened 100% tariffs on companies that don't build U.S. facilities.

The deal includes specific drug discounts, including Eucrisa at 80% off for dermatitis treatment, Xeljanz at 40% off for rheumatoid arthritis and Zavzpret at 50% off for migraines when purchased directly by patients.

The deal includes specific drug discounts, including Eucrisa at 80% off for dermatitis treatment, Xeljanz at 40% off for rheumatoid arthritis and Zavzpret at 50% off for migraines when purchased directly by patients.

In addition, the Trump administration will launch a government-operated website called TrumpRx by early 2026. The site will allow consumers to purchase discounted prescription drugs directly from manufacturers with savings ranging from 40% to 85% on select medications.

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In addition, the Trump administration will launch a government-operated website called TrumpRx by early 2026. The site will allow consumers to purchase discounted prescription drugs directly from manufacturers with savings ranging from 40% to 85% on select medications.

The pharmaceutical industry may have been caught off guard by this announcement. Pfizer CEO Albert Bourla serves as board chair of PhRMA, and this could put pressure on other drugmakers to negotiate similar deals.

The pharmaceutical industry may have been caught off guard by this announcement. Pfizer CEO Albert Bourla serves as board chair of PhRMA, and this could put pressure on other drugmakers to negotiate similar deals.

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Under the agreement, Pfizer receives a three-year grace period from pharmaceutical tariffs in exchange for domestic manufacturing investments, while Trump threatened 100% tariffs on companies that don't build U.S. facilities.</span

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Under the agreement, Pfizer receives a three-year grace period from pharmaceutical tariffs in exchange for domestic manufacturing investments, while Trump threatened 100% tariffs on companies that don't build U.S. facilities.

The deal includes specific drug discounts such as Eucrisa at 80% off for dermatitis treatment, Xeljanz at 40% off for rheumatoid arthritis, and Zavzpret at 50% off for migraines when purchased directly by patients.</span

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The deal includes specific drug discounts such as Eucrisa at 80% off for dermatitis treatment, Xeljanz at 40% off for rheumatoid arthritis, and Zavzpret at 50% off for migraines when purchased directly by patients.

Trump stated that Americans pay more than three times the price for brand-name drugs compared to other developed nations, with the U.S. funding roughly 75% of global pharmaceutical profits despite having less than 5% of world population.</span

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Trump stated that Americans pay more than three times the price for brand-name drugs compared to other developed nations, with the U.S. funding roughly 75% of global pharmaceutical profits despite having less than 5% of world population.

Trump's groundbreaking Pfizer deal delivers massive savings to American families, ending decades of foreign freeloading off U.S. pharmaceutical investments. The agreement brings prescription drug prices down by 50-100% through TrumpRx while securing $70 billion in domestic manufacturing jobs. This historic achievement proves tariffs work as the ultimate negotiating tool to force Big Pharma into fair pricing.

Trump's groundbreaking Pfizer deal delivers massive savings to American families, ending decades of foreign freeloading off U.S. pharmaceutical investments. The agreement brings prescription drug prices down by 50-100% through TrumpRx while securing $70 billion in domestic manufacturing jobs. This historic achievement proves tariffs work as the ultimate negotiating tool to force Big Pharma into fair pricing.</span

Trump announces drug pricing deal with Pfizer

The Pfizer deal exposes Trump's contradictory approach of imposing government control over private industry while his own tariffs drive up drug costs for millions. TrumpRx represents state-run healthcare that Republicans would condemn as socialism if proposed by Democrats. The agreement's limited scope won't help most Americans facing skyrocketing prescription prices from Trump's disastrous trade policies.

The Pfizer deal exposes Trump's contradictory approach of imposing government control over private industry while his own tariffs drive up drug costs for millions. TrumpRx represents state-run healthcare that Republicans would condemn as socialism if proposed by Democrats. The agreement's limited scope won't help most Americans facing skyrocketing prescription prices from Trump's disastrous trade policies.</span

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White House to Reveal TrumpRx Website as Drug Prices Skyrocket

Trump Announces Pfizer Deal for Lower Drug Prices, $70B Investment

This groundbreaking deal will deliver massive savings to American families, ending decades of foreign freeloading off U.S. pharmaceutical investments. This historic achievement proves tariffs work as the ultimate negotiating tool to force Big Pharma into fair pricing.

This groundbreaking deal will deliver massive savings to American families, ending decades of foreign freeloading off U.S. pharmaceutical investments. This historic achievement proves tariffs work as the ultimate negotiating tool to force Big Pharma into fair pricing.

This deal exposes Trump's contradictory approach of imposing government control over private industry while his own tariffs drive up drug costs for millions. This agreement's limited scope won't help most Americans facing skyrocketing prescription prices from Trump's disastrous trade policies.

This deal exposes Trump's contradictory approach of imposing government control over private industry while his own tariffs drive up drug costs for millions. This agreement's limited scope won't help most Americans facing skyrocketing prescription prices from Trump's disastrous trade policies.

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Trump Announces Pfizer Deal to Lower Drug Prices

Win McNamee/Getty Images

Trump Announces Pfizer Deal to Lower Drug Prices

Trump Announces Pfizer Deal to Lower Drug Prices

Trump Announces Pfizer Deal forto Lower Drug Prices, $70B Investment

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Trump Announces Pfizer Deal to Lower Drug Prices

Trump Announces Pfizer Deal forto Lower Drug Prices, $70B Investment

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