Trump’s Vow to Control Drug Costs Alerts Another Industry

  • President-elect makes comments in Time magazine interview
  • Shares drop after a rush of post-election enthusiasm

Donald Trump Vows to Bring Down Drug Prices

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President-elect Donald Trump promised to drive down the cost of medicines, defying investors who saw a boon in his election last month and injecting himself again into a contentious economic debate.

“I’m going to bring down drug prices,” Trump said, according to a transcript of an interview posted on Time magazine’s website as it named him its Man of the Year. “I don’t like what’s happened with drug prices.”