Trump wants to ‘equalize’ and lower drug prices. Could Canada be impacted?

Global News

17 May 2025 - US President Donald Trump has launched a new effort to lower prescription drug prices for Americans that targets foreign nations — both for the lower prices they pay and the potential to import cheaper drugs from those countries.

Yet the federal government and policy experts say any potential impacts from the executive order signed this week — including supply shortages and higher prices — aren’t likely to hit Canada.

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Michael Wonder

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Michael Wonder

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Medicine , Pricing , Canada