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Trump blasts Pfizer for price hikes, threatens to respond

July 9, 2018 10:53 PM UTC

President Donald Trump threatened to take action against companies for increasing drug prices in a tweet Monday that specifically named Pfizer Inc. (NYSE:PFE).

Trump tweeted, “Pfizer & others should be ashamed that they have raised drug prices for no reason. They are merely taking advantage of the poor & other unable to defend themselves, while at the same time giving bargain basement prices to other countries in Europe & elsewhere. We will respond!”...

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