WASHINGTON — President Trump’s executive order to lower drug prices through sweeping, cross-agency action left leaders in the pharmaceutical industry scrambling Monday to make sense of what may be ahead — and how to respond. The announcement was long ...

President Trump will hold a press conference Monday morning with Health and Human Services Secretary Robert F. Kennedy Jr. to announce an executive order to cap prescription drug and pharmaceutical prices at the lowest cost offered in any other country.

The order is based on a "most favored nation" pricing model, which is similar to a policy Trump pushed in his first administration.

The editorial board of the Wall Street Journal is criticizing President Trump over an executive order expanding drug price controls. “For that trade we could have elected Democrats,”