US President Donald Trump announced deals Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to lower the prices of some popular weight-loss drugs, in exchange for relief from threatened tariffs.

Both companies "have agreed to offer their most popular GLP-1 weight-loss drug," Trump said at the White House, "at drastic discounts."

"Eli Lilly and Novo Nordisk are committing to offer Zepbound and Wegovy at 'Most Favored Nation' rates for American patients," Trump added, saying this will lower the costs of both products for those eligible.

During the announcement event in the Oval Office, a company representative standing behind Trump collapsed. He was later examined by Mehmet Oz, Trump's administrator for the Centers for Medicare and Medicaid Services, who said he was okay.

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