Former President Donald Trump has made bold claims about his international influence and announced a new initiative to reduce drug prices in the United States.

Preventing Nuclear Conflict

Trump claimed he stopped seven wars globally, including preventing a nuclear conflict between India and Pakistan. He stated he used tariffs and trade leverage, threatening 100% tariffs and trade cessation, giving the countries 24 hours to settle their dispute. Trump mentioned that seven jets were shot down during the conflict but did not specify which country's aircraft. He has repeated this claim over 40 times since announcing a ceasefire agreement.

However, India maintains the ceasefire was reached through direct military talks between the two countries. Prime Minister Modi stated no foreign leader asked India to stop Operation Sindoor, and External Affairs Minister Jaishankar denied any third-party intervention in the ceasefire.

Drug Price Reduction Plan

In a separate announcement, Trump unveiled an ambitious plan to dramatically reduce drug prices and reshape the pharmaceutical landscape in the United States. The plan targets a 1,400% to 1,500% reduction in drug prices, alongside a proposal for escalating tariffs on pharmaceutical imports.

Most-Favored-Nation Pricing Model

Trump's plan centers on implementing a most-favored-nation pricing model for Medicaid patients. This approach would require pharmaceutical companies to offer their lowest global prices to U.S. Medicaid recipients, potentially leading to significant cost savings.

Deadline for Pharmaceutical Companies

Trump has issued letters to major pharmaceutical companies, including Johnson & Johnson, Pfizer, AstraZeneca, Bristol Myers, GSK, Merck, Novartis, Roche, and Sanofi. These companies have been given until September 29 to comply with the most-favored-nation pricing requirement for Medicaid patients.

Escalating Tariff Strategy

The plan also outlines a progressive tariff strategy for pharmaceutical imports:

1. Initial implementation of relatively small tariffs
2. Escalation to 150% within the first year
3. Potential increase to 250% in subsequent years

This strategy aims to incentivize domestic pharmaceutical production and reshape the global supply chain for medications and active pharmaceutical ingredients.

The proposed measures, if implemented, could have far-reaching effects on the pharmaceutical industry, potentially impacting drug pricing models, international trade, domestic manufacturing, research and development investments, and the global competitiveness of U.S. pharma companies.

US President Donald Trump is set to deliver a televised address from the White House at noon Eastern Time, following a series of high-stakes diplomatic engagements focused on the Ukraine-Russia conflict and international trade issues.

Diplomatic Efforts on Ukraine-Russia Conflict

Trump has recently engaged in discussions with global leaders to seek solutions for the ongoing Ukraine-Russia war. These talks included:

• A meeting with Russian President Vladimir Putin, marking the first such encounter in seven years
• Consultations with leaders from the European Union, United Kingdom, and NATO
• Discussions with Ukrainian President Volodymyr Zelenskyy

The President described these diplomatic efforts as a "very good, early step" but acknowledged the complexity of the situation. Trump, claiming to have "solved seven wars" in the past, admitted that this conflict has "turned out to be the toughest one."

Trade Tensions and Tariffs

The address is expected to touch upon recent developments in international trade, particularly:

• The imposition of 25.00% tariffs on Indian goods
• An additional 25.00% levy on oil imports from Russia

These measures have significantly impacted global markets since their announcement.

India-Russia Relations

In response to the US tariffs, India has been strengthening its ties with Russia:

• External Affairs Minister S. Jaishankar recently visited Moscow
• Russian President Vladimir Putin is planning a visit to India

Immigration Policy

The President may also discuss the administration's immigration policies, including:

• Deportation of illegal migrants
• Implementation of continuous vetting for US visa holders

As global leaders and markets await President Trump's address, expectations are high for potential announcements on these critical international issues. The speech is likely to have significant implications for diplomatic relations, trade agreements, and global economic stability.