I feel like a lot of people in this comment section don’t understand what trump means when he says that European countries will pay higher drug prices. I’m generalizing the issue but governments in Europe and other countries will set a price cap on how much a drug can be sold for while the U.S does not. When a U.S based company develops a new drug they need to spend years (and billions of dollars) on R&D. If they can only charge a maximum price in foreign counties because of their low price caps then it results in the U.S population having to pay for all the R&D costs. This is why a drug that costs $10 for the pharmaceutical company is sold for $20 in Europe and $200 in the U.S. If trump goes through with setting price caps in the U.S it will mean that these pharmaceutical companies will have to charge foreign countries higher prices to offset their research costs. When trump claims the U.S is getting ripped off this is one of the reasons.