“Under a new executive order, prescription drug prices will be reduced “almost immediately.”
What PolitiFact found
The order specifies a 30-day period to develop pricing targets for drugmakers, followed by an unspecified amount of time to determine if companies achieve the targets. If they don’t meet the price targets, a formal rulemaking process would begin, requiring more time. Potentially, Congress would have to get involved.
Their words, from the summary they publish with the rating.
In short
Donald Trump (President) made this claim around 11 May 2025. PolitiFact (United States) looked into it and published its finding on 14 May 2025, 3 days later. Its rating was “Mostly False”.
Donald Trump has 1,168 checked claims in this archive. Fact-checking organisations rated 663 of them false or fake, 375 misleading or mixed and 13 true.
Where the claim appeared
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.