Market Rallies on U.S.-China Trade Deal, Pharma Stocks Slide on Trump Executive Order News 5/12/25
Squawk on the Street
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Navigating Drug Pricing Challenges
This chapter delves into the executive order aimed at reducing drug prices, discussing its implications, ongoing negotiations, and the pharmaceutical industry's resistance. It highlights the complexities of drug pricing in the U.S., the need for congressional action, and the potential impact of European subsidies on American consumers.
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