drug pricing

2 briefs

decision 2026-04-23

Trump Got All 17 Pharma Companies to Say Yes. Now the Hard Part Starts.

Every major drug company has signed a most-favored-nation pledge. None of it is enforceable, and the tariff relief that made it happen just created a new exemption class.

power 2026-04-12

Two Drug Prices at Once

Trump is simultaneously threatening 100% tariffs on brand-name drugs that do not cut prices and expanding Medicare's power to negotiate drug prices downward. These are opposite levers. One of them is a bluff.