Bangladesh, May 12 -- In a bold move aimed at reshaping Americas healthcare costs, President Donald Trump announced he will sign a sweeping executive order designed to dramatically lower prescription drug prices. Calling it “one of the most important and impactful” actions of his presidency, Trump declared that the United States would adopt a “Most Favored Nation” policy for pharmaceuticals, tying American drug prices to the lowest rates found anywhere in the world.

The announcement, made through a series of posts on his Truth Social network on May 11, set the stage for a major policy shift with far-reaching consequences. Trump is set to sign the executive order at 9:00 am on May 12, promising that American patien...