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Trump sounds off on lowering U.S. drug prices, threatens steep tariffs on pharmaceuticals

Name: Trump sounds off on lowering U.S. drug prices, threatens steep tariffs on pharmaceuticals
Uploaded: 2025-08-05T12:20:00-0400
Duration: 5 min 15 s
Description: President Trump said he wants to lower the cost of U.S. drug prices and threatened to impose tariffs on pharmaceuticals that could reach up to 250%. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.

President Trump said he wants to lower the cost of U.S. drug prices and threatened to impose tariffs on pharmaceuticals that could reach up to 250%. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.