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Trump claims Pfizer deal will cut drug prices by '300% or more'
['Cassie Mallea', 'Joe Conason', 'Thom Hartmann', 'Alexandria Jacobson', 'Investigative Reporter']
Raw Story
President Donald Trump boasted Tuesday that his deal with Pfizer would slash drug prices by “300% or more,” a mathematically impossible claim.
The agreement, according to CNBC, trades a three-year suspension of tariffs for the pharmaceutical giant’s pledge to build U.S. manufacturing plants, with Trump hyping the announcement as “one of the biggest things that we’ll do.”