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Donald Trump: “Collectively, they will invest over $150 billion to build up…”

Featuring: Donald Trump, Republican | President of the United States | National

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FULL: Trump announces plan with drug companies to lower prescription costs

Published | Video Starts at 19:49

It's to a large extent national security. In addition, you can't continue to pay 13, 14 times more than other countries. And I think you're going to have security. Collectively, they will invest over $150 billion to build up domestic pharmaceutical manufacturing in America. They're going to be because of tariffs they're coming in and I think because of the love of our country. It may be because of the November 5 election, but because of tariffs, they're going to be coming in. (19:49–19:59)

CLAIM

Asserts that pharmaceutical companies will invest over $150 billion in U.S. manufacturing.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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