President Trump Announces Executive Order to Lower Prescription Drug Prices through MFN Policy


Posted originally on CTH on May 11, 2025 | Sundance

CTH suspected we were going to see this…. and it might just work. President Trump has announced via Truth Social that he will sign an executive order to structurally create a “most favored nation” (MFN) policy toward USA drug manufacturing prices.

Americans must receive a matching price to the lowest cost sold.

President Trump – “For many years the World has wondered why Prescription Drugs and Pharmaceuticals in the United States of America were SO MUCH HIGHER IN PRICE THAN THEY WERE IN ANY OTHER NATION, SOMETIMES BEING FIVE TO TEN TIMES MORE EXPENSIVE THAN THE SAME DRUG, MANUFACTURED IN THE EXACT SAME LABORATORY OR PLANT, BY THE SAME COMPANY??? It was always difficult to explain and very embarrassing because, in fact, there was no correct or rightful answer.

The Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that all of these costs were, and would be, for no reason whatsoever, borne by the “suckers” of America, ALONE. Campaign Contributions can do wonders, but not with me, and not with the Republican Party. We are going to do the right thing, something that the Democrats have fought for many years.

Therefore, I am pleased to announce that Tomorrow morning, in the White House, at 9:00 A.M., I will be signing one of the most consequential Executive Orders in our Country’s history. Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%. They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!

I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World. Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before. Additionally, on top of everything else, the United States will save TRILLIONS OF DOLLARS. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!” [source]

There is also some background for this {SEE HERE}.

President Trump is on the cusp of announcing a big change in tariffs against foreign pharmaceutical companies in an effort to get the manufacturing of medicines brought back to the USA.  Details are soon to surface.

In a proactive move, the European Federation of Pharmaceutical Industries and Associations (EFPIA), went to the European Commission (EC) in April to hold talks with Commission President Ursula von der Leyen, calling for radical change and holding the threat of an exodus to the U.S. over the EC president’s head.

PRESS RELEASE – Today, CEOs of the research-based pharmaceutical industry issued a stark warning to President von der Leyen that unless Europe delivers rapid, radical policy change then pharmaceutical research, development and manufacturing is increasingly likely to be directed towards the US.

A survey of EFPIA member companies conducted last week – to which 18 international large and medium-sized innovative companies responded – identified as much as 85% of capital expenditure investments (approximately €50.6 billion) and as much as 50% of R&D expenditure (approximately €52.6 billion) potentially at risk. This is out of a current combined total of €164.8 billion in investments planned for the period 2025-2029 in the EU-27 territory. Over the next three months, companies that responded estimate that a total of €16.5 billion i.e. 10% of the total investment plans is at risk.

The US now leads Europe on every investor metric from availability of capital, intellectual property, speed of approval to rewards for innovation. In addition to the uncertainty created by the threat of tariffs, there is little incentive to invest in the EU and significant drivers to relocate to the US. (read more)

Beijing Trade Statement: U.S and China Agree to “Establish a Consultation Mechanism and Conduct Further Consultations”


Posted originally on CTH on May 11, 2025 | Sundance

As expected by anyone with common sense, the statement by Chinese Vice-Premier He Lifeng is considerably different from the U.S. media interpretation of the White House statement.

According to He Lifeng: […] “The atmosphere of the meeting was candid, in-depth and constructive. The meeting reached substantial progress and achieved important consensus. The two sides agreed on establishing a consultation mechanism for trade and economic issues, identified the lead persons on each side, and will carry on further consultations relating to trade and economic issues of their respective concerns. The two sides will finalize relevant details as soon as possible and will issue a joint statement reached on May 12.

[…] “China’s position towards this trade war has been clear and consistent; that is, China doesn’t want to fight a trade war, because trade wars produce no winners.  But if the U.S. insists on forcing this war upon us, China will not be afraid of it and will fight to the end.” 

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This ‘clarification‘ of sorts by Big Panda should not come as a surprise, despite the White House press release and the wording of the title.

Neither Secretary Bessent nor USTR Greer would make an announcement of a “trade deal” in advance of President Trump’s personal announcement. PERIOD!

Sunday Talks – NEC Director Kevin Hassett Outlines Background of U.S-China Negotiations in Geneva


Posted originally on CTH on May 11, 2025 | Sundance

White House National Economic Council Director Kevin Hassett always does a good job of framing the current status without impeding the negotiating strategy of the White House trade delegation.

In this morning’s interview, happy Hassett outlines the motivation for China to quickly get to an agreement on principle about their U.S. trade position, and the structure of the personnel who are present on Beijing’s behalf to organize the discussion.  As noted earlier, Bessent and Greer were very careful in their language to promote positive advancement of agreement to the framework but avoid calling the outcome of the discussions a completed deal.

Hassett encapsulates the current trade status with China and other nations.  WATCH:

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No doubt President Trump is leaning back a little following the White House statement.  The Chinese announcements are not as forcefully positive as the White House ‘headline’ press release.  There’s a disconnect afoot that needs to be reconciled quickly or it makes the White House look weak while cunning panda smiles.

It would be surprising to see an actual “trade agreement” with China, before the commitments from ASEAN countries to stop transnational shipping exploitation are in place.

Secretary Bessent and USTR Greer Brief Assembled Press Pool Following “Productive” Negotiations with Chinese Trade Team


Posted originally on CTH on May 11, 2025 | Sundance

The White House has released a statement headlining: “U.S. Announces China Trade Deal in Geneva.” However, the use of the wording “trade deal” is being disputed by China who prefer to say, a “consensus was reached.”

Indeed, if you listen to the wording from Treasury Secretary Scott Bessent and U.S. Trade Rep Jamieson Greer, there is no talk of an actual deal in their language. Methinks whoever wrote the White House headline, that is (not accidentally) currently manipulating the markets, will be soon given the exit. Here’s the remarks from Bessent and Greer:

The White House statement is below:

Secretary of the Treasury Scott Bessent: “I’m happy to report that we made substantial progress between the United States and China in the very important trade talks. First, I want to thank our Swiss host. The Swiss government has been very kind in providing us this wonderful venue, and I think that led to a great deal of productivity we’ve seen. We will be giving details tomorrow, but I can tell you that the talks were productive. We had the vice premier, two vice ministers, who were integrally involved, Ambassador Jamieson, and myself. And I spoke to President Trump, as did Ambassador Jamieson, last night, and he is fully informed of what is going on. So, there will be a complete briefing tomorrow morning.”

U.S. Trade Representative Ambassador Jamieson Greer: “This was, as the Secretary pointed out, a very constructive two days. It’s important to understand how quickly we were able to come to agreement, which reflects that perhaps the differences were not so large as maybe thought. That being said, there was a lot of groundwork that went into these two days. Just remember why we’re here in the first place — the United States has a massive $1.2 trillion trade deficit, so the President declared a national emergency and imposed tariffs, and we’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency.”

Putin Requests Direct Negotiations with Zelensky in Turkey – Zelensky, Standing Behind Skirt of Starmer, Macron, Merz and Tusk Demands Immediate Ceasefire or Else


Posted originally on CTH on May 11, 2025 | Sundance

In several ways it was likely strategically smart for President Trump to distance himself from the Intelligence Operation in Ukraine known as World War Reddit.  The odd and opaque narratives from NATO, EU and CIA elements bear all the hallmark tells of an intelligence operation running amok.

With President Trump slowly exiting the nonsense, the group colloquially known as the “Coalition of the Willing” organizes their latest public relations stunt with a visit to Kyiv. British Prime Minister Keir Starmer, French President Emmanuel Macron, German Chancellor Friedrich Merz and the goofy Polish Prime Minister who doesn’t do much, Donald Tusk, took the pantomime train into Ukraine for a spring walk with Volodymyr Zelenskyy.

The U.K, German and French political leaders are all using their Ukraine involvement to deflect from the political chaos that exists back home. Starmer, Zelenskyy, Macron, Merz and Tusk brought their best videographers and photographers to provide the optics and visuals.

The quintet’s performance included a phone call to President Trump in order to collectively wag their finger at Russian President Vladimir Putin, while saying they all agreed to a 30-day ceasefire starting tomorrow (Mon).   You can tell this is all theatrically produced as part of World War Reddit because earnest diplomatic negotiations do not take place through media.

If they want a Monday ceasefire, the ‘dramatic acting’ crew needs to have Putin on the call – not Trump. Duh!

In response to the latest chapter in the public relations campaign, Russian President Putin has requested to meet Volodymyr Zelenskyy in Turkey next week on Thursday.   Zelenskyy, speaking on behalf of the international intelligence apparatus that is conducting the proxy war, says he will not meet to discuss the terms for a ceasefire with Putin unless a ceasefire already exists.  Again, the confliction is simply more surface evidence of the IC involvement.

[Source]

Sky News […] Speaking at the Kremlin in the early hours of Sunday, Mr Putin did not directly address the 30-day ceasefire proposal but instead offered to restart peace talks Russia and Ukraine held in 2022.

“We propose the Kyiv authorities resume the negotiations they interrupted at the end of 2022… to resume direct negotiations… without any preconditions… to begin without delay next Thursday 15 May in Istanbul,” he said.

Russia’s own unilateral three-day ceasefire, declared for the 80th anniversary of victory over Nazi Germany, expired on Saturday, and Ukraine said Russian forces have repeatedly violated it.

During the summit in Kyiv, European leaders secured the backing of Donald Trump after briefing him on the progress made on the so-called “coalition of the willing” plans in a 20-minute phone call.

“All of us here, together with the US, are calling Putin out,” said Sir Keir.

“So we are clear, all five leaders here – all the leaders of the meeting we just had with the coalition of the willing – an unconditional ceasefire, rejecting Putin’s conditions, and clear that if he turns his back on peace, we will respond.

“Working with President Trump, with all our partners, we will ramp up sanctions and increase our military aid for Ukraine’s defence to pressure Russia back to the table.” (read more)

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