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Official transcripts

White House transcripts of the President’s remarks, compiled by the Office of the Federal Register and published on govinfo.gov. They are in the public domain and usually appear 4–7 weeks after the event: the newest one here is from Sep 30, 2026. We show how often a word was said and short quotes, and link to the full text. Searches on this page go to our server, unlike My transcripts.

“Favored Nation” said in 51 of 393 transcripts, 153 times.

Counted forms: favored nation, favored nations, favored nation's.

Official transcripts can spell a word differently. Only the forms above are counted, so search other spellings too.

Remarks at the Republican National Committee Midterm Convention in Dallas, Texas

Sep 9, 2026 Speech / ceremony Kalshi: Trump at RNC Midterm Convention, Trump speaks at RNC Midterm Convention (Night 1) 2 times

  1. …is win. Under my leadership, we also made our historic most-favored-nation agreements on drug prices. Nobody thought it was possible. For decades, Americans…
  2. …see what you're getting into. And we will make our most-favored-nation agreements on prescription drug prices permanent, which reduces your prescription drug prices…

Remarks During a Rose Garden Club Dinner

Sep 2, 2026 Speech / ceremony 5 times

  1. …landslide. You know, we did something yesterday, and that's drug pricing. Favored nations. Called "most favored nation." They've been trying to do it for 40…
  2. …tried very hard. No—no President tried very hard. But "most favored nations" means we're going to pay the lowest price anywhere in the world…
  3. …I think every one of you people should talk about it. Favored nations. We cut your drug prices down by 60, 70, 80, 90 percent…

Remarks on Efforts To Reduce Prescription Drug Prices and an Exchange With Reporters

Aug 31, 2026 Speech / ceremony Kalshi: Trump makes an Announcement on Healthcare Affordability 8 times

  1. …would never have been able to do it. And that's most favored nation drug pricing. Biggest thing you'll hear. You know, if we would cut…
  2. …President that wanted to fight for us. But under the most-favored-nation agreement that I negotiated at great length and at great—really, lost…
  3. …some very good friends. It wasn't easy. But under that most-favored-nation agreement, we now pay the lowest price paid by other countries anywhere…

Remarks in Las Vegas, Nevada

Aug 5, 2026 Speech / ceremony Kalshi: Trump delivers remarks in Las Vegas 2 times

  1. …where they're down 4-, 5-, 600—think of it—600 percent. Favored nations. We had the highest prices in the world, and now we have…
  2. …country really, really respected and successful again. But under my most-favored-nation policy on drug prices—just to finish up—we're delivering the largest…

Remarks in Marietta, Georgia

Jul 22, 2026 Speech / ceremony Kalshi: Trump delivers remarks in Georgia 3 times

  1. …And under my—I'm so proud of it—under my most-favored nation—if you look at our policy on drugs, we have a most…
  2. …That's too complicated, but we got it. And now we have favored nations, and we pay the lowest prices anywhere in the world from the…

Remarks on Affordability in Macungie, Pennsylvania

Jun 23, 2026 Speech / ceremony Kalshi: Trump delivers remarks at Mack Trucks 2 times

  1. …consumers, and we want powerful energy. Under my administration, the most-favored-nation agreements on drug prices that we just did are delivering the largest…
  2. …can't produce it. They've been trying to do it for years—favored nation. We paid the highest drug price in the world, by far, as…

Remarks on the National Economy in Suffern, New York

May 22, 2026 Speech / ceremony Kalshi: Trump holds a rally in NY 2 times

  1. …bring down the crushing cost of health care. Under my most-favored-nation agreement that nobody wants to write about—and it's the biggest—because…
  2. …win the midterms. That alone should win them. It's called most favored nations. In other words, we pay the lowest price of any nation in…

Remarks at a Mother's Day Luncheon

May 8, 2026 Speech / ceremony Kalshi: Trump Rose Garden remarks 3 times

  1. …maybe a great life. We cut drug prices now with the favored nations—most-favored nations. We cut them by 70, 80, 90 percent. You…
  2. …came back, we now did something that everybody said was impossible: favored nations. We had the highest drug prices in the world by far. Now…

Remarks and a Question-and-Answer Session at the Forum Club of the Palm Beaches Dinner in West Palm Beach, Florida

May 1, 2026 Speech / ceremony Kalshi: Trump joins The Forum Club of the Palm Beaches Dinner 2 times

  1. …largest reduction in drug prices in American history. Under my most-favored-nation agreements, we're delivering your record-setting discounts with price differences of 400…
  2. …and even 600 percent lower. And what that is, is most-favored nation. We were the highest-priced-drug nation anywhere—prescription drugs—anywhere in…

Remarks on Health Care Costs and Affordability and an Exchange With Reporters

Apr 23, 2026 Speech / ceremony Kalshi: Trump holds a Health Care Affordability Event 5 times

  1. …it's agreed to offer their prescription medications at heavily discounted, most favored nation prices. In other words, they're—the numbers will come down at—at…
  2. …Regeneron committing to offer all new drugs moving forward at most favored nations prices. They'll make their current drugs available to Medicaid and MFN. That's…
  3. …the cost of health care for all Americans. Under our most favored nations agreement, we've secured gigantic discounts with price differences from 4- to 5…

Remarks at a Women's History Month Event and an Exchange With Reporters

Mar 12, 2026 Speech / ceremony 2 times

  1. …happening throughout the country, and we solved it with my most favored nation agreements that we just had approved by other countries. Just about all…
  2. …great difference. There's never been anything like it. It's called most favored nation agreements. I got them with all the countries. And so now, instead…

Remarks on the National Economy in Walton, Kentucky

Mar 11, 2026 Speech / ceremony 1 time

  1. …investment firms from buying up single-family homes. Under my most-favored-nation agreements for drug prices, we're also slashing drug prices at —record levels…

Remarks at the House Republicans Issues Conference in Miami, Florida

Mar 9, 2026 Speech / ceremony 2 times

  1. …also asking you to take swift action to codify my most-favored-nation policy on drug prices. The biggest—that alone should win the midterms…
  2. …was doing badly with that one. So now we have most-favored-nation pricing into permanent law, and you should codify it. But I don't…

Remarks on Energy in Corpus Christi, Texas

Feb 27, 2026 Speech / ceremony Kalshi: Trump delivers remarks in Corpus Christi 3 times

  1. …hard-working citizens of our country, like you. Under the most-favored-nation agreements for drug prices, we're slashing drug prices at record levels like…
  2. …did, we're going to be paying the lowest price. It's called favored nations—most favored nations. So these incredible price reductions are available right now…

Address Before a Joint Session of the Congress on the State of the Union

Feb 24, 2026 Speech / ceremony Kalshi: What will Trump say during the State of the Union?, What places will Trump mention in his State of the Union address?, Who will Trump mention during his State of the Union address? 2 times

  1. …action, but I got it done. Under my just-enacted most-favored-nation agreements, Americans—who have for decades paid, by far, the highest prices…
  2. …mom. So now I'm calling on Congress to codify my most-favored-nation program into law. Now, the one thing—I'm not sure it matters…

Remarks on Signing the Consolidated Appropriations Act, 2026, and an Exchange With Reporters

Feb 3, 2026 Speech / ceremony Kalshi: Trump signs Bill to Reopen the Government 4 times

  1. …very big thing, I think for all of us, is most favored nations on drug pricing. So, for 30 years, I've been talking about it…
  2. …we'll be paying tied with the lowest price. We're—it's most favored nations. We will have the lowest price anywhere in the world. So a…
  3. …midterms on that alone. That's the biggest thing there is. Most favored nations. We're going to be bringing the price of drugs down. When I…

Remarks in Clive, Iowa

Jan 27, 2026 Speech / ceremony Kalshi: Trump delivers remarks in Iowa 3 times

  1. …He's not so electable. I did 77. I did something else: favored nations on drugs. We now will pay—we now are paying the lowest…
  2. …anywhere in the world for drugs. In other words, matching. It's favored nations. It's called most favored nations. Every other President tried for it. They…

Remarks and a Question-and-Answer Session at the World Economic Forum in Davos, Switzerland

Jan 21, 2026 Speech / ceremony Kalshi: Trump speaks at the World Economic Forum 3 times

  1. …a hell of a job in 12 months. Under my most favored nation policy for drug prices, the cost of prescription drugs is coming down…
  2. …There are two ways of figuring that. But we have a favored nations policy that every president wanted, no President was able to get. I…
  3. …that I've done is the fact that we have, now, most favored nation. We will pay whatever the lowest price is in the entire world…

Remarks at a Roundtable Discussion on Rural Health Care Improvement Efforts

Jan 16, 2026 Speech / ceremony Kalshi: Trump holds Health Roundtable 8 times

  1. …on prescription drugs that my administration is achieving through our most favored nation provisions. Okay. We can go into this—we can go into this…
  2. …away for $1. This is the same theory we have on favored nations. The great Jimmy Carter—President Jimmy Carter gave it away for $1…
  3. …have time—but that's what went into this whole thing with favored nations. So Europe and other nations all over the world were getting drugs…

Remarks at the House Republican Members Retreat

Jan 6, 2026 Speech / ceremony Kalshi: Trump delivers remarks at the House GOP Member Retreat 7 times

  1. …so incredible on medicine that nobody has ever done it: reducing—favored nations—most favored nations, we reduced the cost of medicine at levels that…
  2. …we did nothing else and went home, go home, we did favored nations, where we're bringing down the price of a pill. As an example…
  3. …all"—we don't need this bullshit. We need to talk about favored nations. And your numbers are coming down at levels that nobody has ever…

Remarks on United States Naval Ship Development and an Exchange With Reporters in Palm Beach, Florida

Dec 22, 2025 Speech / ceremony Kalshi: Trump makes an announcement 3 times

  1. …of talking about the battleships, or instead of talking about most favored nations, drugs—we're bringing down drug prices like at a level that has…
  2. …drug prices in the world. Whatever the lowest price is—called favored nations—we're going to have the lowest price. So I said, "No, no…
  3. …were so—they've been so great. Okay? And we have most favored nations. Nobody thought that was possible. I don't think any other President ever…

Remarks on Efforts To Reduce Prescription Drug Prices

Dec 19, 2025 Speech / ceremony 10 times

  1. …And I thought I'd do this before we start on most favored nations. And I want to read this, because I would have said it…
  2. …drugs—really, all of their flagship drugs—at heavily discounted, most favored nations prices. In other words, whatever the drug sells for over the world…
  3. …agreed to offer all of their drugs to Medicaid at most-favored-nations pricing. You're going to get most favored nations pricing, meaning they're going…

Remarks on Efforts To Reduce Prescription Drug Costs and an Exchange With Reporters

Nov 6, 2025 Speech / ceremony Kalshi: Trump makes an annoucement 9 times

  1. …my administration to do everything in our power to implement most-favored-nations drug pricing, something that has been helped greatly by tariffs, because when…
  2. …Novo Nordisk are committing to offer Zepbound and Wegovy at most-favored-nations rates for American patients. This will slash the cost of Wegovy from…
  3. …to provide all of their other medications to Medicaid at most-favored-nations prices. Most favored nations, meaning that you will pay the lowest price…

Remarks on Expanding Access to Fertility Care and In Vitro Fertilization (IVF) and an Exchange With Reporters

Oct 16, 2025 Speech / ceremony Kalshi: Oval Office Announcement 6 times

  1. …world. And you know, we're ending all of that. It's called favored nations, and we're ending it, and we're ending it pretty fast. Nobody thought…
  2. …be paying $150 too. We're going to pay the same thing. Favored nations. It's beautiful. It's a beautiful thing. And we've been ripped off by…
  3. …that you won't even believe. And ultimately, that's because of the favored nations. In addition, the FDA will be working with the company to expedite…

Remarks on Prescription Drug Prices and an Exchange With Reporters

Oct 10, 2025 Speech / ceremony Kalshi: Oval Office Announcement 5 times

  1. …one of the great companies, by the way—and a most-favored-nations pricing clause. So most favored nation is, you're going to pay whatever…
  2. …reasons I wanted to run again was we had to have favored nations, where the world is not going to be paying just a fraction…
  3. …to offer all of their prescription medications to Medicaid at most-favored-nations prices—in other words, the lowest price anywhere in the world; that's…

Remarks on Prescription Drug Prices and an Exchange With Reporters

Sep 30, 2025 Speech / ceremony 6 times

  1. …in the history of our country has never happened before. It's "favored nations," if you know what that means. But we'll talk about it. Today…
  2. …in the United States. It was a result of the most-favored-nation drug pricing order that we established earlier this year. As you know…
  3. …now. We're going to be paying whatever the lowest price is. Favored nations. This will save American taxpayers and consumers hundreds of millions of dollars…

Remarks on Children's Health and an Exchange With Reporters

Sep 22, 2025 Speech / ceremony Kalshi: Trump Announcement 2 times

  1. …do from you. And you know, we have something else called favored nations, where I'm going to be reducing drug prices by a thousand percent…
  2. …to be reducing drug prices at levels never seen. It's called favored nations. We're going to be paying what the rest—right now we're like…

Remarks at the American Cornerstone Institute Founders Dinner in Mount Vernon, Virginia

Sep 20, 2025 Speech / ceremony 5 times

  1. …Dr. Mehmet Oz. Oz? Where's Oz? How are we doing on favored nations, Oz? Next week, okay. Favored nations. We're going to be reducing drug…
  2. …end, I said: "Look, we're not doing it anymore. We want favored nations. I want the same price as other nations pay, which is far…
  3. …It's going to be a beautiful thing to watch. It's called favored nations. And we're going to be paying the price that the lowest nation…

Remarks at White House Reception for Republican Members of Congress

Jul 22, 2025 Speech / ceremony 2 times

  1. …I wouldn't let it happen. So I invoked what's called a favored nations provision so that we will pay the same price as the lowest…
  2. …to bring up is what we did with"—we call it "favored nations." But—so we're going to have the lowest drug prices anywhere in…