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Friday, 08 August 2025
Posted 4 August 2025 PM
US President Donald Trump has written to pharma companies giving them 60 days to lower the price of their drugs in the US to mirror what they charge abroad - with potentially devastating consequences for Australia.
He posted the letters on his Truth Social account delivering this ultimatum to the industry: "If you refuse to step up we will deploy every tool in our arsenal to protect American families from continued abusive drug pricing practices.”
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