Pres. Trump is on the wires saying:
- We will be reducing prices by 100% and in some cases more.
Just to check my math, I asked ChatGPT what happens to prices if they are reduced by 100%.
It's response:
If you reduce a price by 100%, it means the entire price is eliminated — in other words, the item becomes free.
Example:
Suppose a concert ticket costs $50.
A 100% reduction means:
50−(100%×50)=50−50=050 - (100\% \times 50) = 50 - 50 = 050−(100%×50)=50−50=0So the new price is $0.
👉 A reduction of 100% = no cost at all.
Something is wrong with the headline, but the Pres. is scheduled to make an announcment on drug prices with a deal expected with Pfizer. The expectations is for prices to be reduced by something. I don't think he means 100% though.
