Trump slams drugmakers, vows to act on price hikes
Trump slams drugmakers, vows to act on price hikes
U.S. President Donald Trump on Monday renewed his criticism against drugmakers over medicine prices and vowed action, but gave no other details about his long-touted plan to address price hikes.
Trump had vowed in May that drug companies would soon be slashing prices. During his presidential campaign, he promised lower U.S. drug costs, but prices remain high.
"Pfizer & others should be ashamed that they have raised drug prices for no reason." Trump wrote in a post on Twitter on Monday. "We will respond!"
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.