When Donald Trump spoke about drug prices on 19 December, he struck a familiar note. Americans, he said, were paying far too much for medicines – and it was everyone else’s fault.
There would be no talk of reining in private insurers or pharmaceutical profits. Instead, Trump blamed foreign governments for getting a better deal. Countries like France, Germany and Japan, he argued, were piggybacking on the United States by keeping their drug prices low.
Later that day, at a rally in North Carolina, he performed an imaginary showdown with Emmanuel Macron. Trump claimed he had told the French president that France would have to double or triple its drug prices – and that France would ultimately give in.
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