Trump Calls Out European Free-Riding on Drugs; Europe Will Pay Their Fair Share

In his executive order released last month, President Donald Trump called out Europe for “free-riding” on American medicines. Europe sets socialist price controls on imported American drugs.

“American patients were effectively subsidizing socialist healthcare systems in Germany, in all parts of the European Union,” said President Trump. “They were nasty, and I see that. European Union is, in many ways, nastier than China. And we’ve just started with them. They’ll come down a lot. You watch. We have all the cards. They treated us very unfairly. They sell us 13 million cars; we sell them none. They sell us their agricultural products; we sell them virtually none. They don’t take our products. That gives us all the cards, and very unfair. So they’re going to have to pay more for healthcare.”

Forcing European countries to drop their pharmaceutical price controls through strong trade agreements will lower our trade deficit while keeping America ahead of China.