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Trump Claims 1,000% Drop in Drug Costs in Fox Interview

Despite threats and deadlines to drugmakers, no formal rules or broad price cuts have materialized.

Overview

  • President Trump said U.S. prescription costs will fall by 1,000 percent within about 12 to 18 months during a Fox News interview.
  • He offered a $10 pill example that jumped to $20 for global pricing and then to $20 for Americans, a description critics called mathematically nonsensical.
  • Social media users widely mocked the remarks, with posts labeling the explanation unintelligible and questioning what a 1,000 percent reduction could mean.
  • Last month the White House sent letters to 17 major pharmaceutical companies, giving deadlines, including a 60‑day window in one case, to commit to lower U.S. prices.
  • An Associated Press–quoted health policy expert said the figures are hard to translate into real patient costs, and reporting noted tariff threats could even raise prices.