News Wrap: Pfizer agrees to cut drug prices to avoid tariffs
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 30 September 2025
⏱️ 5 minutes
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| 0:00.0 | In the day's other headlines, Pfizer has agreed to cut prescription drug prices as part of a deal |
| 0:05.3 | that spares the company from certain tariffs on its imports. President Trump made the announcement |
| 0:10.0 | at the White House today alongside Pfizer's CEO. Under the deal, the company will sell many of its |
| 0:15.5 | drugs to Medicaid at prices similar to those paid by other developed countries. Pfizer says |
| 0:20.7 | specific terms of the deal remain confidential. |
| 0:23.6 | It was not immediately clear how the policy would truly lower the prices |
| 0:27.0 | Americans pay for drugs, which often depend on insurance coverage. |
| 0:31.5 | The president also unveiled a new direct-to-consumer website dubbed Trump RX. |
| 0:36.8 | Officials say it will launch early next year. |
| 0:39.7 | In the Middle East, Hamas says it will review a peace plan for Gaza |
| 0:43.3 | and consult with other Palestinian factions before responding. |
| 0:47.2 | The 20-point plan put forward by President Trump |
| 0:49.8 | calls for the group to disarm in exchange for humanitarian aid |
| 0:53.3 | and the reconstruction of Gaza, |
| 0:55.0 | among other terms. Speaking to reporters, President Trump today said Hamas has three to four days to respond, |
| 1:01.8 | adding that if they don't comply, in his words, it's going to be a very sad end. |
| 1:07.3 | Meantime, in Gaza, local hospitals say Israeli strikes killed at least 31 people today. |
| 1:12.6 | Residents say they are wary of the proposed peace plan. |
| 1:16.6 | We as citizens are concerned. |
| 1:19.6 | The plan, as it appears, serves the enemy's interests more than it serves the people's interests. |
| 1:24.6 | We call on everyone to work out this plan what remains of the people, what remains of the land, |
| 1:29.3 | and what remains of the homes. |
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