President Donald Trump incorrectly placed the blame for high prescription drug prices in the U.S. on foreign nations, making the comments Monday when signing an executive order intended to lower

If prescription savings are to be passed on to Americans not on Medicare, Congress likely would have to pass a law to enact any price reductions.

US President Donald Trump’s effort to reduce drug prices for Americans relies on a practice long employed in Europe: aligning costs with lower prices paid elsewhere. If he succeeds, the knock-on effect could hit Europe hard.