Trump says ‘general reset with China’ completed after industry conflict pause
Trump says the United States “achieved a total reset with China” after “productive” talks in Geneva.
He says the settlement, which diminished US price lists on China to 30% for 90 days, “doesn’t include that are already on … on cars, steel, aluminum … or tariffs that may be imposed on pharmaceuticals”.
Key occasions
Trump says he’s going to upload directly to price lists if international locations do not abide through drug coverage
Trump says he’ll upload directly to price lists if international locations don’t abide through his “equalizing” drug coverage to decrease costs.
Trump says his order will “cut out the middlemen” in drug gross sales.
“It’s just a redistribution of wealth,” says Trump. “Europe and the rest of the world is going to have to pay a little bit more, and America’s going to pay a lot less.”
“Basically what we’re doing is equalizing,” says Trump, claiming he got here up with the phrase.
Trump says he simply spoke to House speaker Mike Johnson and Senate majority chief John Thune telling them to “score” that his price lists and this pharma announcement can have save them “hundreds of millions of dollars”.
Trump says US drug costs may just drop 90% because of govt order
“We’ll slash the cost of prescription drugs,” says Trump, including the cost may just come down through from 59% to 80 or 90%.
On to the principle announcement, Trump says the United States “will no longer subsidize the healthcare of foreign countries”.
He says the United States may also “no longer tolerate profiteering and price gouging from big pharma”.
Trump welcomes the inside track of a possible assembly between Russia and Ukraine on Thursday. “I think good things can come out of that meeting,” he says.
China agreed to paintings very laborious to forestall fentanyl, Trump says. “I take them at their word,” he says.
Edan Alexander is because of be launched later as of late, Trump says.
China may also droop and take away all non-monetary obstacles to industry with the United States, Trump says. But he provides his management must get this “on paper”.
“They’ve agreed to fully open China,” Trump says.