US President Donald Trump has mocked French President Emmanuel Macron, claiming he pressured France into sharply raising prescription drug prices by threatening steep tariffs on French imports. Addressing Republican lawmakers, Trump recounted a dramatic exchange in which he said France initially resisted his demand to increase drug prices, arguing that Americans were paying far more than consumers in Europe.
Trump alleged that he then issued an ultimatum, warning of a 25% tariff on all French products, including wine and champagne, unless Paris complied. According to Trump, the threat worked swiftly, with Macron purportedly agreeing to raise drug prices significantly to avoid the tariffs. Trump used the episode to argue that the United States has long subsidised global healthcare costs and that his “Most Favoured Nation” policy was designed to reverse that imbalance.
The former president further claimed that similar tariff threats led other countries to agree within minutes to raise drug prices, resulting in lower costs for Americans. He said the policy would tie US prescription prices to the lowest rates charged internationally and promised steep reductions under the plan. Neither Macron nor the French government has responded publicly to Trump’s remarks.
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