WASHINGTON (NewsNation) — White House health leaders Robert F. Kennedy Jr. and Dr. Mehmet Oz are expected to announce a plan to lower drug prices Wednesday.

In May, President Donald Trump signed an executive order aimed at lowering the cost of prescription drugs by implementing a "most favored nation" policy that caps the prices Americans pay based on those charged in other countries.

Trump has repeatedly criticized the current system as “unfair,” insisting he wants Americans to “stop being ripped off." He warned drug makers that penalties could be in store if they did not work to cut costs.

The Trump administration has since struck deals with both Pfizer and AstraZeneca to offer discounts on prescription drug costs. AstraZeneca pledged to list many of its most popular drugs on TrumpRx,

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