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  1. Fact Sheet: President Donald J. Trump Announces ... - The White …

    Dec 19, 2025 · Fact Sheet: President Donald J. Trump Announces Largest Developments to Date in Bringing Most-Favored-Nation Pricing to American Patients

  2. 9 more drugmakers agree to Trump’s policy to lower some prices

    Dec 19, 2025 · The White House announced Friday that nine additional pharmaceutical companies have agreed to follow President Trump’s “most favored nation” (MFN) drug pricing …

  3. Understanding the MFN Clause: Equal Trading Terms Explained

    Oct 2, 2025 · The most-favored-nation (MFN) clause is a key rule in international trade that requires countries to treat all World Trade Organization (WTO) members equally by offering …

  4. Most favoured nation - Wikipedia

    MFN allows smaller countries, in particular, to participate in the advantages that larger countries often grant to each other, whereas on their own, smaller countries would often not be powerful …

  5. Medicare and Medicaid Demos Seek to Impose MFN Pricing: An …

    3 days ago · The Executive Order was virtually silent on how MFN would apply to the Medicare program given the complex and detailed drug pricing laws enacted by Congress over the past …

  6. Most-Favored-Nation Prescription Drug Pricing Executive Order: …

    Jun 5, 2025 · From this statement, it appears that HHS intends to apply the most-favored-nation (MFN) pricing only to single-source drugs (i.e., "brand-name" drugs without any approved …

  7. Most-favoured-nation treatment (MFN) | Britannica Money

    Nov 30, 2025 · most-favoured-nation treatment (MFN), guarantee of trading opportunity equal to that accorded to the most-favoured nation; it is essentially a method of establishing equality of …

  8. Trump announces agreements with 9 major drugmakers to lower …

    Dec 19, 2025 · Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.

  9. The Global Risks of America’s “Most-Favored-Nation” Drug Pricing …

    May 22, 2025 · On May 12, 2025, President Donald Trump signed Executive Order 14,297, directing the adoption of an MFN pricing model for prescription drugs. Under this policy, …

  10. The MFN principle is a fundamental rule of the World Trade Organization (WTO) that ensures countries do not discriminate between their trading partners. If a WTO member grants …