President Donald Trump called for legislation that would lower the prices of pharmaceutical drugs in the U.S. in his State of the Union address on Tuesday night.
"It is unacceptable that Americans pay vastly more than people in other countries for the exact same drugs, often made in the exact same place," Trump said. "This is wrong, unfair, and together we will stop it."
"I am asking Congress to pass legislation that finally takes on the problem of global freeloading and delivers fairness and price transparency for American patients," Trump added. "We should also require drug companies, insurance companies, and hospitals to disclose real prices to foster competition and bring costs way down."