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Stock impact report

President launches TrumpRx.gov website offering Americans discounted prescription drug prices: ‘Historic' [FOX Business Network]

Airbnb, Inc. - Class A (ABNB) 
President Donald Trump unveiled TrumpRx.gov , a new government-backed website aimed at giving Americans access to discounted prescription drugs. Speaking at the website launch Thursday evening at the White House, Trump argued that Americans have long paid far more for prescription drugs than consumers in other countries and called the price differences unprecedented. "Americans have long been paying the highest drug prices anywhere in the world, while other countries often paid pennies on the dollar for the exact same drugs," Trump said. "We were essentially subsidizing the entire world by hundreds of billions of dollars every year." He added that despite accounting for a small share of the global population, Americans bear a disproportionate share of drug costs "The United States is just 4% of the world's population and consumes only 13% of all prescription drugs," he said before confirming new agreements would change that dynamic. "Under the agreements my administration h Show less Read more
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