💨 Abstract

President Trump criticized the EU for being "nastier than China" and announced an executive order to reduce prescription drug prices in the U.S. by having the U.S. pay the lowest price globally. He accused the EU of unfair trade practices and excessive lawsuits against American companies. The EU responded by welcoming the U.S.-China trade deal and reviewing the U.S.-UK trade agreement. The U.S. pharmaceutical lobby warned that Trump's plan could reduce investments in the U.S.

Courtesy: metro.co.uk

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