Trump says he expects to see lower drug prices

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U.S. President Donald Trump looks down while speaking to reporters about healthcare during an energy policy discussion with leaders of American Indian tribes and U.S. governors at the White House in Washington, U.S., June 28, 2017. REUTERS/Kevin Lamarque

U.S. President Donald Trump leads a Cabinet meeting on day 12 of the partial U.S. government shutdown at the White House in Washington, U.S., January 2, 2019. REUTERS/Jim Young

WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said he expects to see a tremendous decrease in drug prices even as drugmakers have taken steps to raise the prices of their medicines starting this month.

Trump made the comments during a meeting of his Cabinet at the White House that included U.S. Health Secretary Alex Azar. According to documents seen by Reuters, nearly 30 pharmaceutical companies have taken steps to end their self-declared halt to price increases this year.

Reporting by Jeff Mason,; Writing by Susan Heavey and Tom Brown

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