As President Donald Trump vows to bridge the drug pricing gap between the U.S. and other developed countries with his “most favored nation” (MFN) policy, Pfizer CEO Albert Bourla is calling ...

An executive order from the Trump administration has reintroduced the “most favored nation” (MFN) policy, which aims to cut drug costs by aligning U.S. prices with those of other countries. The ...

The Trump administration’s upending of trade norms could help usher in a new economic order—but only if done right. Article by James Wallar, Author May 20, 2025 12:21 pm (EST) ...

The mechanism, referred to as Most Favored Nation (MFN) status in Trump’s May 12 Executive Order (EO), amounts to International Reference Pricing (IRP) – a price-setting system on which ...

The White House unveiled a sweeping plan to try to lower prescription drug prices, one that calls for a "most-favored nation" policy and tighter enforcement of anti-competitive practices.

Over the next 180 days, HHS Secretary Robert F. Kennedy Jr. and biopharmas will negotiate drug prices individually. Kennedy could "propose a rulemaking plan to impose MFN pricing" if no ...

While the initial MFN rule was limited to just Medicare Part B, the public medical insurance program that covers some prescription drugs, the new package will attempt to touch all parts of the ...

The U.S.-UK trade agreement is Trump’s first since his “Liberation Day” tariff announcements. It could be a possible template for other nations seeking a deal, but it could also have major ...

During his first term, attempts by President Donald Trump to slash drug prices and reduce Medicare spending through a most favored nation (MFN) clause crumpled under pressure from the biopharma ...

A ‘MOST FAVORED’ APPROACH — A Trump 1.0-era drug-pricing specter is lurking around Republicans’ efforts to pass a party-line bill to pay for the president’s domestic agenda.

The administration is exploring so-called “most-favored nation” (MFN) pricing, which pegs U.S. drug prices to the lowest level paid by comparable countries.

Fact: In 2023, the US exported services worth $1.02 trillion, up 8% from a year earlier, and imported services for $748.2. billion, up 5%, as per the Center for a New American Security (CNAS).