Trump promises order aimed at lower prescription drug prices

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Donald Trump

President Donald Trump talks to reporters on the South Lawn of the White House before departing for his Bedminster, N.J. golf club, Friday, July 5, 2019, in Washington. (AP Photo/Evan Vucci)

WASHINGTON (AP) — President Donald Trump is promising an executive order that he says is intended to enable the U.S. government to pay lower prices for prescription drugs.

Trump says his administration soon would announce a “favored-nations clause,” where the amount paid by the government for a particular drug would not exceed the lowest amount paid by other nations or companies.

Prices in other countries are often lower because governments directly negotiate with manufacturers.

Trump mentioned his proposal when speaking with reporters before departing the White House for New Jersey, but he provided no other details.

WATCH: President Trump speaks on the South Lawn as he and the First Lady depart for the Trump National Golf Club in Bedminister, New Jersey

President Trump speaks on the South Lawn

President Trump speaks on the South Lawn outside of the White House as he and the First Lady depart for the Trump National Golf Club in Bedminister, New Jersey. He speaks on immigration, the military, his "Salute to America" 4th of July program, Former President Obama and Vice President Biden and other topics.

Posted by CBS 42 on Friday, July 5, 2019

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