President Trump has struck a landmark agreement with Pfizer to offer steep discounts—averaging 50%, and up to 85%—on its medicines via a new federal portal, TrumpRx.gov. In return for a three-year tariff exemption, Pfizer will adopt a most-favored-nation pricing model, matching U.S. launch prices to the lowest rates abroad. The site, set to launch early next year, will serve uninsured, cash-paying Americans.
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