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1 story, 3 numbers: Can Trump's executive order lower drug prices?

1 story, 3 numbers | Cost of 100 IUs of insulin across the OECD\ $22.68 Average price of insulin in the US | $3.75 Average price of insulin in Canada | $1.90 Average price of insulin in Australia. Lowest in the OECD | The Graphic Truth by GZERO
Riley Callanan
By Riley CallananMay 12, 2025
Riley Callanan

Riley is a former writer and reporter for GZERO. When she isn’t writing about global politics, you can find her conducting research on American politics or persisting in her lifelong quest to learn French. Riley spends her time outside of work grilling, dancing, and wearing many hats (both literally and figuratively).

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Donald Trump has signed an executive order requiring drug manufacturers to offer the United States “most favored nation” pricing – ensuring Americans pay no more than the lowest price charged in any other developed country. However, the White House has limited authority to set drug prices. Here’s what it would look like in the case of insulin, if it is enforced.

donald trumpdrug manufacturersdrug pricesexecutive order

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