Pfizer said it would postpone price increases on about 100 products following “an extensive discussion” with President Donald Trump.
The unusual move came after Mr Trump reacted to the price hikes — first reported by the Financial Times — by saying Pfizer should be “ashamed” of its actions.
Pfizer said that its chief executive Ian Read would defer the increases, which went in effect on July 1, to give Mr Trump time to reform the US healthcare system.
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