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Donald Trump: “We have 4% of the world's population, and consumers pay only…”

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 13:54

By far. By far. Not just a little bit. We were like a whipping post to the United States. And it's just been 4% of the world's population. We have 4% of the world's population, and consumers pay only 13% of the of all prescription drugs. Yet pharmaceutical companies make 75% of their profits. Think of that. So we have 4% of the population, 13% of prescription drugs, and yet the people behind me, who are wonderful people, make 75% of their profits from the American customer. (13:54–14:05)

CLAIM

Asserts that the U.S. has 4% of the world's population but pays 13% of all prescription drug costs.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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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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