Trump says drug maker Pfizer 'rolling back price hikes' - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Trump says drug maker Pfizer 'rolling back price hikes'

Posted: Updated:
  • NationalMore>>

  • Survivor recounts boat accident that killed 9 family members

    Survivor recounts boat accident that killed 9 family members

    Saturday, July 21 2018 12:18 AM EDT2018-07-21 04:18:42 GMT
    Sunday, July 22 2018 6:19 AM EDT2018-07-22 10:19:59 GMT
    (AP Photo/Charlie Riedel). People pray outside Ride the Ducks, an amphibious tour operator involved in a boating accident on Table Rock Lake, Friday, July 20, 2018 in Branson, Mo.(AP Photo/Charlie Riedel). People pray outside Ride the Ducks, an amphibious tour operator involved in a boating accident on Table Rock Lake, Friday, July 20, 2018 in Branson, Mo.
    More than half of the 17 people killed when a tourist boat sank on a Branson lake were members of the same Indiana family, and they likely wouldn't have been on the ill-fated trip but for a ticket mix-up.More >>
    More than half of the 17 people killed when a tourist boat sank on a Branson lake were members of the same Indiana family, and they likely wouldn't have been on the ill-fated trip but for a ticket mix-up.More >>
  • 1 dead, dozens of hostages freed after Los Angeles standoff

    1 dead, dozens of hostages freed after Los Angeles standoff

    Saturday, July 21 2018 7:58 PM EDT2018-07-21 23:58:43 GMT
    Sunday, July 22 2018 6:19 AM EDT2018-07-22 10:19:28 GMT
    A large number of police and rescue personnel were responding to a Los Angeles supermarket, amid numerous media reports of possible gunshots.More >>
    A large number of police and rescue personnel were responding to a Los Angeles supermarket, amid numerous media reports of possible gunshots.More >>
  • Inspector warned duck boat company of design flaws last year

    Inspector warned duck boat company of design flaws last year

    Saturday, July 21 2018 6:13 PM EDT2018-07-21 22:13:02 GMT
    Sunday, July 22 2018 6:19 AM EDT2018-07-22 10:19:12 GMT
    (AP Photo/Charlie Riedel). A man looks at an idled duck boat in the parking lot of Ride the Ducks Saturday, July 21, 2018 in Branson, Mo. One of the company's duck boats capsized Thursday night resulting in several deaths on Table Rock Lake.(AP Photo/Charlie Riedel). A man looks at an idled duck boat in the parking lot of Ride the Ducks Saturday, July 21, 2018 in Branson, Mo. One of the company's duck boats capsized Thursday night resulting in several deaths on Table Rock Lake.
    A private inspector says he warned the company operating duck boats in Missouri about serious design flaws, less than a year before the accident that killed 17 people.More >>
    A private inspector says he warned the company operating duck boats in Missouri about serious design flaws, less than a year before the accident that killed 17 people.More >>

WASHINGTON (AP) - President Donald Trump says pharmaceutical company Pfizer is "rolling back price hikes, so American patients don't pay more."

Trump is tweeting that he and Health Secretary Alex Azar discussed the issue Tuesday with Pfizer CEO Ian Read.

Pfizer has issued a statement saying Read has agreed to "defer the company's price increases that were effective on July 1 to give the president an opportunity to work on his blueprint to strengthen the healthcare system."

Pfizer says it will "return these prices to their pre-July 1 levels as soon as technically possible."

Trump complained about the price increases on Twitter Monday, writing: "Pfizer & others should be ashamed that they have raised drug prices for no reason. They are merely taking advantage of the poor & others unable to defend themselves."

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly