WASHINGTON | Trump administration squares off with drugmakers over plan

WASHINGTON | Trump administration squares off with drugmakers over plan

WASHINGTON — With midterm elections less than two weeks away, President Donald Trump is pushing a plan to lower prices for some prescription drugs, and Friday it put his administration on a collision course with the powerful pharmaceutical industry.

Top administration officials pushed back on drugmakers’ charge that the plan would import “socialized” price controls. Trump wants to tie what Medicare pays for certain drugs to much lower prices paid in other economically advanced countries.

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