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RFK Jr. to Newsmax: Trump Pharma Order Due to European Price-Fixing – Brown Pelican Society of Lousiana

RFK Jr. to Newsmax: Trump Pharma Order Due to European Price-Fixing

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Screenshot. Michael Katz, Newsmax

By Michael Katz, Newsmax, May 12, 2025

Health and Human Services Secretary Robert F. Kennedy Jr. told Newsmax on Monday that the impetus behind President Donald Trump’s executive order to reduce prescription drug costs for Americans was price-fixing by European nations.

Kennedy said Americans account for 75% of pharmaceutical company revenue but are just 4.2% of the world’s population. The result: Americans are paying more for prescription drugs than the rest of the world.

“It’s not really the pharmaceutical industry’s fault,” Kennedy told “Rob Schmitt Tonight.” “It’s the European nations who are price-fixing, and taking advantage of us, and so we are now going to fix that.” …

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