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Donald Trump: “Pharmaceutical companies make 75% of their profits from the…”

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

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LIVE: President Trump makes announcement from the Oval Office

Published | Video Starts at 02:15

Where's Steve Segur, Head of Public Relations for the White House. He's taking it. The United states is just 4% of the world's population and consumes only 13% of all prescription drugs. Yet Pharmaceutical companies make 75% of their profits from the American customer. I would say that's not so good, right? That's not exactly great. To address this chronic unfairness, I signed an executive order earlier this year instructing my administration to do everything in our power to implement most favored nation's drug pricing. (02:15–02:21)

CLAIM

Asserts that pharmaceutical companies earn 75% of profits from American customers.

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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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