President Donald Trump signed a sweeping executive order Monday morning that promises to crack down on “unreasonable or discriminatory” practices by foreign countries that result in Americans paying far higher costs for prescription drugs.

U.S. President Donald Trump signed an executive order on Monday to reduce drug prices in the United States by between 30% and 80% with the aim of equalizing global prices.

The executive order directs Trump's administration to take actions against "discriminatory" policies in foreign countries that suppress drug prices.