Trump administration highlights and news: May 12, 2025

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President Donald Trump signed an executive order on Monday meant to try to lower drug costs for American consumers.

The order, according to a White House official, also sets a 30-day deadline for the health department to broker new price tags for drugs. If a deal is not reached, a new rule will kick in that will tie the price of what the U.S. pays for medications to the lowest price paid by other countries.

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