‘Two ways of calculating’: Trump defends his mathematically impossible calculations on drug prices

Chris Klomp, director of the Centers for Medicare and Medicaid Services, right, speaks as President Donald Trump and Health and Human Services Secretary Robert F. Kennedy Jr. listen during an event on health care affordability in the Oval Office at the White House, Thursday, April 23, 2026, in Washington. (AP Photo/Mark Schiefelbein)

There could indeed be two ways of calculating such things — but the difference is very important. One is correct. The other is nonmathematical.

By WILL WEISSERT

WASHINGTON (AP) — President Donald Trump, who helped push the term “ fake news ” into the mainstream, now seems to have a new favorite subject: fake math.

During a Thursday event announcing a deal with drugmaker Regeneron to lower the cost of its pharmaceutical products, Trump defended his past claims that prices on prescription medications had been cut by well over 100% — something that is mathematically impossible without manufacturers dropping prices to zero and then presumably paying consumers to use their product.

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