VIDEO Trump to sign executive order to lower drug prices .

The White House is composing an official request that would diminish what the U.S. pays for medications so it's more in accordance with the most reduced cost paid somewhere else on the planet, Trump told correspondents Friday. 

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"As you probably are aware, for a considerable length of time and years different countries paid less for medications than we do," Trump said Friday at the White House. "Once in a while by 60-70%. We're taking a shot at it at the present time, we're chipping away at a favored countries condition, where we pay whatever the least country's cost is. For what reason should different countries — like Canada — however for what reason should different countries pay substantially less than us? They've exploited the framework for quite a while, Pharma." 

Trump said the declaration was coming "in all respects in a matter of seconds" yet did not give different insights regarding how the arrangement would function. A "favored countries condition" alludes to an agreement where a vender gives purchasers a similar best terms that it offers to different purchasers. 

A year ago, the Department of Health and Human Services proposed a "worldwide medication evaluating list" that would enable Medicare to pay comparable rates for medications as what different nations do. 

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The president has been anxious to convey on his crusade guarantee to lower medication costs in the U.S. and has censured what he calls a "worldwide freeloading" framework in which medication organizations can offer their items at a lower cost to different nations by charging the U.S. more. 

Trump promised when he was running for president that he would follow pharmaceutical organizations, whom he said "are pulling off homicide," and drifted giving the administration more control in Medicare to straightforwardly arrange costs. 

The Trump organization has passed a standard requiring medication organizations to post their rundown costs in plugs and is gauging a standard that would give Medicare a chance to arrange the costs of medications that are directed in specialists' workplaces. His organization is additionally supporting giving states a chance to set up courses of action to import drugs from Canada.