Trump claims Pfizer deal will cut drug prices by '300% or more'
U.S. President Donald Trump gestures as he arrives on the South Lawn of the White House in Washington, D.C., U.S., September 30, 2025. REUTERS/Ken Cedeno

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.”


Trump claims Pfizer deal will cut drug prices by '300% or more' roar-assets-auto.rbl.ms