About this episode
1. Prescription Drug Pricing Reform The first part of the podcast discusses a policy initiative aimed at reducing the cost of prescription drugs in the United States. Key points include: "Most Favored Nation" Pricing : The U.S. would pay the lowest price available globally for prescription drugs, matching the lowest price paid by any other country. Examples of Price Disparities : Our podcast cites stark contrasts in drug prices between the U.S. and countries like Australia, Sweden, and the UK. Executive Orders : Trump’s administration directed agencies to: Prevent foreign countries from undercutting U.S. drug prices. Allow Americans to buy drugs directly from manufacturers at the lowest global price. Impose rules if pharmaceutical companies fail to comply. Criticism of the Biden Administration : The text claims that Biden reversed Trump-era reforms and negotiated higher drug prices, allegedly due to influence from pharmaceutical lobbyists. 2. U.S.-China Trade Deal The second part shifts focus to a trade agreement between the U.S. and China. Highlights include: Tariff Reductions : U.S. tariffs on Chinese goods reduced from 145% to 30%. Chinese tariffs on U.S. goods reduced from 125% to 10%. Negotiation Outcomes : China agreed to reduce retaliatory tariffs and open markets to U.S. goods. Both countries committed to further discussions on trade and fentanyl trafficking. Framing : The deal is portrayed as a major win for the U.S., correcting trade imbalances and protecting American jobs and industries. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. Thanks for Listening #seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton #rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats #republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica #SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #maga #presidenttrump #47 #the47morningupdate #donaldtrump #trump #news #trumpnews #Benferguson #breaking #breakingnews #morningupdate YouTube: https://www.youtube.com/@VerdictwithTedCruz See omnystudio.com/listener for privacy information.