Trump pushes drugmakers for lower prices, more U.S. production

President Donald Trump meets with Pharma industry representativesWASHINGTON/LOS ANGELES (Reuters) – U.S. President Donald Trump on Tuesday met with top executives from some of the biggest drugmakers, calling on them to boost U.S. production and lower prices, while he also promised to speed up approval times for new medicines. At the same time, the meeting between Trump and the pharmaceutical executives signaled a defusing of tensions between the two that have kept drug stocks in check since the presidential election. High drug prices have become a national issue during the past two years as healthcare costs rise.

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