Trump and his allies were quick to celebrate when the latest consumer price data from the Bureau of Labor Statistics, released in mid-August, showed prescription drug prices falling 3.1% over the past year. The data measure prices paid by consumers and insurers at retail, internet or mail-order pharmacies.
“Under my most-favored-nation policy on drug prices, we are delivering the largest prescription drug price cuts in the history of our country,” Trump said during an Aug. 14 speech on Long Island, referring to agreements with companies to offer certain drugs at prices comparable to those in other countries.

