The plan won't be limited to Medicare prescriptions but will also target medications covered by Medicaid and private insurance. Weight-loss drugs are expected to be on the list.

U.S. President Donald Trump plans to sign a wide-reaching executive order on Monday directing drugmakers to lower the prices of their medicines to align with what other countries pay. White House officials said the government will give drugmakers price targets in the next 30 days,

An executive order will direct Trump's admin to take actions against "discriminatory" policies in foreign countries that suppress drug prices abroad.