Trump tells Pfizer CEO that he is surprised he's agreeing to big price cuts to his company’s drugs

Trump tells Pfizer CEO to his face that he is “surprised” he is agreeing to massive price cuts to his company’s drugs.

Albert Bourla smiled and stood silently as Trump announced devastating news for his company.

Pfizer will now be selling prescription drugs to Medicaid at the “most favored nation’s prices.”

This means that the company must match the lowest price it offers anywhere in the world.

For decades, Americans have been charged far more for the same medications sold cheaper overseas. Now Pfizer will be forced to align U.S. prices with the lowest global rate.