US President Donald Trump said Monday he would slash drug prices so they match those abroad, accusing Europe in particular of practices that force up prices for Americans. Republican Trump claimed as he signed the executive order at the White House that drug prices should fall by at least 59 percent -- and in some cases as high as 80 or 90 percent.

President Donald Trump is holding a news conference on drug prices Monday before departing on a four-day trip to Saudi Arabia, Qatar and the United Arab Emirates. Aides said Trump’s plan includes pressuring certain foreign governments to pay more to pharmaceutical companies for their medications and expecting those companies to voluntarily lower their prices in the United States.