Trump claims to have reduced drug prices by 1500%, US media: this "exaggeration" is mathematically impossible.

date
05/08/2025
In an interview on the 3rd, President Trump claimed to have lowered drug prices by as much as 1500%. However, multiple American media outlets such as Newsweek and the Associated Press have stated that Trump's "exaggerated claim" is mathematically impossible. According to these reports, Trump said in the interview on the 3rd that the U.S. government had lowered the prices of some prescription drugs by 1500%, saying, "You know, we've already lowered drug prices by 1200%, 1300%, 1400%, 1500%. I'm not talking about 50%, I'm talking about 1400%, 1500%." In response, the American media questioned this claim, pointing out that lowering drug prices by 100% would mean drugs are free, and lowering prices by more than 100% would mean pharmaceutical companies are actually paying people to take their medication.