This has a very simple fix, and is a fix that would appeal to Donald Trump:
Require that pharmaceutical companies do not charge Americans any more for their drugs than what they charge any developed country.
This lets other countries do the dirty work of negotiating prices while reaping the benefits for the US. In addition, it goes along with his whole America is getting screwed narrative - ie that other companies are taking advantage of the fact that American markets pay for the drug developments, and other countries reap benefits of cheap drugs and that he would put America back on equal footing.
EDIT: Thanks for the great comments. To ease with the concern about hurting the very poor countries, we could substitute "developed country" with "OECD country" (http://www.oecd.org/about/membersandpartners/list-oecd-membe... which are relatively rich countries).
Require that pharmaceutical companies do not charge Americans any more for their drugs than what they charge any developed country.
This lets other countries do the dirty work of negotiating prices while reaping the benefits for the US. In addition, it goes along with his whole America is getting screwed narrative - ie that other companies are taking advantage of the fact that American markets pay for the drug developments, and other countries reap benefits of cheap drugs and that he would put America back on equal footing.
EDIT: Thanks for the great comments. To ease with the concern about hurting the very poor countries, we could substitute "developed country" with "OECD country" (http://www.oecd.org/about/membersandpartners/list-oecd-membe... which are relatively rich countries).