Trump slams drugmakers, vows to act on price hikes

WASHINGTON (Reuters) – U.S. President Donald Trump on Monday renewed his criticism against drugmakers over medicine prices and vowed action, but gave no other details about his long-touted plan to address price hikes.

U.S. President Donald Trump gestures during a Make America Great Again rally in Great Falls, Montana, U.S., July 5, 2018. REUTERS/Joshua Roberts

Trump had vowed in May that drug companies would soon be slashing prices. During his presidential campaign, he promised lower U.S. drug costs, but prices remain high.

“Pfizer & others should be ashamed that they have raised drug prices for no reason.” Trump wrote in a post on Twitter on Monday. “We will respond!”

Reporting by Susan Heavey; Editing by David Gregorio


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