{"id":25520,"date":"2025-12-01T04:48:09","date_gmt":"2025-12-01T04:48:09","guid":{"rendered":"https:\/\/cndailynews.store\/?p=25520"},"modified":"2025-12-01T04:48:09","modified_gmt":"2025-12-01T04:48:09","slug":"%e2%ac%87%ef%b8%8f%e2%ac%87%ef%b8%8f_trump-says-hes-affordability-president-after-historic-deal-with-drugmakers-3","status":"publish","type":"post","link":"https:\/\/cndailynews.store\/?p=25520","title":{"rendered":"\u2b07\ufe0f\u2b07\ufe0f_Trump Says He\u2019s \u2018Affordability President\u2019 After Historic Deal With Drugmakers"},"content":{"rendered":"

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President Donald Trump announced on Saturday that he considers himself the \u201caffordability president\u201d due to his historic agreements with pharmaceutical companies aimed at reducing prescription costs. He urged Republicans to improve their messaging regarding how much prices are decreasing in the United States as the mid-term elections approach next year.<\/p>\n

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\u201cBecause I have invoked FAVORED NATIONS STATUS FOR THE UNITED STATES OF AMERICA, DRUG PRICES ARE FALLING AT LEVELS NEVER SEEN BEFORE, 500%, 600%, 700%, and more,\u201d Trump wrote on his TruthSocial platform. \u201cNo other President has been able to do this, BUT I HAVE! This is also the answer to much less expensive, and far better, HEALTHCARE!<\/p>\n

\u201cRepublicans, remember, this was done by us, and nobody else,\u201d he added. \u201cThis is a revolution in medicine, the biggest and most important event, EVER. If this story is properly told, we should win the Midterm Elections in RECORD NUMBERS. I AM THE AFFORDABILITY PRESIDENT. TALK LOUDLY AND PROUDLY!\u201d<\/p>\n

The Trump administration has announced a series of actions aimed at lowering consumer costs, including fuel, food staples and prescription medications, while seeking to slow the pace of inflation that accelerated under the Biden administration,\u00a0Just the News reported.<\/p>\n

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The White House said President Trump secured agreements with several pharmaceutical companies to reduce prices. Novo Nordisk and Eli Lilly committed to lowering the cost of their GLP-1 weight-loss drugs, and AstraZeneca pledged to cap the prices it charges Medicaid at levels no higher than those offered in other countries.<\/p>\n

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Trump signed an executive order earlier this month rolling back tariffs on a broad range of grocery staples \u2014 including beef, coffee, tomatoes, and bananas \u2014 in a move aimed at lowering food prices and fulfilling his pledge to make life more affordable for American families.<\/p>\n

The order\u00a0exempts certain imported agricultural products\u00a0from reciprocal tariffs imposed under earlier trade actions.<\/p>\n

The White House said the changes target items that have seen sharp price increases or cannot be produced in sufficient quantities domestically.<\/p>\n

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\u201cI have determined that certain agricultural products shall not be subject to the reciprocal tariff imposed [under previous orders],\u201d the president\u2019s directive said.<\/p>\n

The move follows months of economic debate over the role of tariffs in driving up consumer prices. Trump\u2019s team has long defended the duties as a cost borne by foreign exporters, not U.S. consumers. But the decision to scale them back has prompted critics to argue it amounts to a quiet acknowledgment that tariffs can, in fact, contribute to inflation.<\/p>\n

Treasury Secretary Scott Bessent previewed the announcement earlier this week, telling Fox News that the administration would lift tariffs on imported items Americans rely on daily but don\u2019t grow domestically.<\/p>\n

\u201cYou\u2019re going to see some substantial announcements over the next couple of days in terms of things we don\u2019t grow here in the United States \u2014 coffee being one of them, bananas, other fruits, things like that,\u201d Bessent said. \u201cThat will bring the prices down very quickly.\u201d<\/p>\n

The White House cast the move as part of Trump\u2019s broader economic strategy to \u201crestore affordability,\u201d particularly as Democrats have made rising household costs a central line of attack. Inflation has cooled from pandemic-era highs but remains stubborn across key food categories.<\/p>\n

\u201cTariffs are a tax hike on foreign countries that have been ripping us off,\u201d press secretary Karoline Leavitt said earlier this year, insisting the administration\u2019s trade agenda was designed to protect American industry.<\/p>\n

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The tariff rollback follows a series of bilateral trade deals struck with Argentina, Guatemala, Ecuador, and El Salvador, which will slash duties on imported produce that cannot be grown in bulk in the U.S., such as bananas.<\/p>\n

U.S. Trade Representative Jamieson Greer said the move reflects the natural give-and-take of international negotiations.<\/p>\n

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\u201cNow we have a critical mass of agreements with countries who make this stuff, so this is good timing,\u201d Greer said on CNBC.<\/p>\n

He characterized Trump\u2019s approach as using tariffs to gain leverage and then adjusting them when American consumers or businesses would benefit.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump announced on Saturday that he considers himself the \u201caffordability president\u201d due to his historic agreements with pharmaceutical companies aimed at reducing prescription costs. He urged Republicans to … <\/p>\n","protected":false},"author":1,"featured_media":25516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts\/25520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25520"}],"version-history":[{"count":1,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts\/25520\/revisions"}],"predecessor-version":[{"id":25521,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts\/25520\/revisions\/25521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/media\/25516"}],"wp:attachment":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}