President Trump said he'll sign an executive order on Monday morning that would cut prescription drug and pharmaceutical prices "almost immediately, by 30% to 80%."

President Trump will sign an executive order Monday that he says will drop the prices of prescription drugs between 30-80% "almost immediately."

The president is planning Monday to revive a plan from his first term, which would peg the prices the United States pays for drugs to the amounts paid in other countries, which tend to be lower.