12AM ET 10/24/2025 Newscast

Summary

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Fox News Hourly Update – 12AM ET, October 24, 2025

Host: Sue Guzman

Network: FOX News Podcasts

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Overview

This newscast provides a concise yet comprehensive update on major news events, with a focus on U.S.-China tensions surrounding drug smuggling allegations, a high-profile sports gambling ring involving NBA figures, the ongoing U.S. government shutdown, and diplomatic developments in U.S.-China trade relations as well as U.S.-Israel relations.

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Key Discussion Points and Insights

1. U.S. Accuses China of Drug Smuggling

(00:02–00:51)

• President Trump publicly accuses China of being complicit in drug trafficking, specifically involving fentanyl being smuggled into the U.S. via Venezuela.

  • Trump highlights this as a top issue for his upcoming meeting with Chinese President Xi.
  • The President notes that China is currently paying a 20% tariff because of these fentanyl concerns:

    "They are doing that, yes, but they are paying right now a 20% tariff because of fentanyl. That's billions and billions of dollars that they're paying." (President Trump, 00:32)

• Emphasizes ongoing U.S. Navy operations targeting drug boats in the Caribbean and the effectiveness of new Homeland Security task forces.

• National Security Response:
  Narcotics Secretary of War Pete Hegseth declares the U.S. military will pursue drug cartels with the same tenacity as operations against al Qaeda and ISIS.

2. Breaking: Major Sports Gambling and Mob Takedown

(00:51–01:56)

• Over 30 arrests across 11 states in a sweeping FBI investigation of illegal, mob-linked sports betting.
  • Two separate indictments:
    • Rigged poker game involving two former NBA coaches and players.
    • A current NBA player accused of altering performance to fix a game.
      • Miami Heat guard Terry Rozier arrested for allegedly faking an injury to enable a betting scheme.
      • "Rozier is accused of purposely leaving a game with a phantom injury so that he and his co conspirators, including his childhood friend, could make tens of thousands of dollars." (Nate Foy, 01:22)
      • Portland Trailblazers head coach and NBA Hall of Famer Chauncey Billups also arrested for alleged mafia connections related to rigged games.

3. U.S.-Canada Trade Breakdown and Government Shutdown

(03:12–03:53)

• President Trump announces the termination of trade talks with Canada, citing retaliation for television ads protesting American tariffs.
  • Canadian PM Mark Carney plans to expand exports beyond the U.S., citing trade tension.
• The U.S. government shutdown continues into its 24th day.
  • Political gridlock persists; no Senate vote on the House-passed spending bill.
  • Disagreements remain over Affordable Care Act tax credits:
    • "Republicans have zero interest in addressing the health care crisis that they've created." (Nate Foy quoting House Minority Leader Hakeem Jeffries, 03:39)
    • President Trump criticizes Democrats: "The American people to Democrats are considered pawns for leverage to go and make the far left radical base look like they're fighting. Donald Trump." (President Trump, 03:53)
    • House Majority Leader Steve Scalise pushes for a stopgap bill and urges Democrats to negotiate post-reopening.

4. U.S.-China Trade/Diplomatic Developments

(04:16–04:38)

• President Trump to visit several Asian nations, including a pivotal bilateral with China’s leader.
• This follows China's announcement to impose tighter export restrictions on rare earth minerals, a strategic move in ongoing trade disputes.

5. U.S.-Israel Ceasefire Diplomacy

(04:38–05:03)

• U.S. Secretary of State Marco Rubio meets with Israeli Prime Minister Benjamin Netanyahu in Jerusalem amid fragile ceasefire negotiations.
  • "No one's under any illusions this is—we've already done the impossible once and we intend to keep doing that if we can. We have good partners that we're working on, but we feel confident and positive about the progress that's being made." (Marco Rubio, 04:52)
  • Talks will continue as both sides express cautious optimism.

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Notable Quotes & Memorable Moments

• President Trump (on China and fentanyl):

  "The first question I'm going to be asking him about is fentanyl." (00:20)
  "They are doing that, yes, but they are paying right now a 20% tariff because of fentanyl. That's billions and billions of dollars that they're paying." (00:32)

• Narcotics Secretary of War Pete Hegseth:

  The military will pursue drug cartels like al Qaeda and ISIS.

• Nate Foy (on NBA scandal):

  "Rozier is accused of purposely leaving a game with a phantom injury so that he and his co conspirators, including his childhood friend, could make tens of thousands of dollars." (01:22)

• House Minority Leader Hakeem Jeffries (via Nate Foy):

  "Republicans have zero interest in addressing the health care crisis that they've created." (03:39)

• President Trump (on government shutdown):

  "The American people to Democrats are considered pawns for leverage to go and make the far left radical base look like they're fighting. Donald Trump." (03:53)

• Secretary of State Marco Rubio (on US-Israel ceasefire negotiations):

  "We've already done the impossible once and we intend to keep doing that if we can." (04:52)

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Timestamps for Major Segments

• China/U.S. Drug Smuggling Accusation: 00:02–00:51
• Mob-linked Sports Betting Scandal (NBA): 00:51–01:56
• U.S.-Canada Trade & Government Shutdown: 03:12–03:53
• U.S.-China Trade Tensions: 04:16–04:38
• U.S.-Israel Ceasefire Diplomacy: 04:38–05:03

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Tone and Language

The overall tone is urgent, assertive, and politically focused, characteristic of FOX News broadcasts. Reporting is direct, with strong attributions to specific government figures and clear, succinct summaries of complex geopolitical and legal developments.

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This update delivers fast-moving summaries of U.S. government actions, key international meetings, ongoing crises, and dramatic law enforcement actions—giving listeners the essential facts and context they need without editorializing or commentary.

Transcript

[Sue Guzman]

The president accusing China of having a hand in drug smuggling in the U.S. i'm Sue Guzman, Fox News. President Trump accusing Communist China of smuggling drugs into the United States as the Navy continues striking drug boats in the Caribbean. Fox's Aisha Hosny is at the White House and has the story.

[President Trump]

The first question I'm going to be asking him about is fentanyl.

[Narrator/Reporter]

President Trump teasing his upcoming meeting with China's President Xi accusing Beijing of smuggling deadly drugs into the US Via Venezuela.

[President Trump]

They are doing that, yes, but they are paying right now a 20% tariff because of fentanyl. That's billions and billions of dollars that they're paying.

[Narrator/Reporter]

President making that claim at a drug trafficking roundtable touting the work of his Homeland Security task forces he created on his first day in office to round up cartel members.

[Sue Guzman]

And Narcotics Secretary of War Pete Hegseth vowing the military will target drug cartels like it did al Qaeda and ISIS in the Middle East. More than 30 arrests have been made across 11 states as part of a widespread mob link sports betting ring. That's according to the FBI. Fox's Nate Foy has more. From outside a Brooklyn, New York courtroom.

[Nate Foy]

There are two indictments at play here. One is about an illegal rigged poker scheme that involves two former NBA coaches and players. The other involves a current active NBA player accused of altering his performance during a game as part of a sports gambling scheme. That player is Miami Heat guard Terry Rozier. He was arrested in Orlando. Rozier is accused of purposely leaving a game with a phantom injury so that he and his co conspirators, including his childhood friend, could make tens of thousands of dollars. Meanwhile, NBA hall of Famer and current Portland Trailblazers head coach Chauncey Billups was also arrested in Portland this morning. He's accused of working with the mafia to defraud victims who thought they were playing fair. Poker games that were anything but.

[Sue Guzman]

America's listening to Fox News.

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[Sue Guzman]

President Trump says he is terminating trade talks with Canada because of television ads protesting tariffs. It comes after Canadian Prime Minister Mark Carney said he aims to double his country's exports to countries outside of the US because of the threat posed by President Trump's tariffs. The government shutdown now heading into its 24th day.

[Political Correspondent]

Senators not taking a 13th vote on Republicans House passed government funding bill Thursday adjourning until Monday.

[Nate Foy]

Republicans have zero interest in addressing the health care crisis that they've created.

[Political Correspondent]

House Minority Leader Hakeem Jeffries and fellow Democrats say they won't back a bill that doesn't include Affordable Care act tax credit extensions.

[President Trump]

The American people to Democrats are considered pawns for leverage to go and make the far left radical base look like they're fighting. Donald Trump.

[Political Correspondent]

House Majority Leader Steve Scalise. Republicans say the GOP bill will fund the government through most of November, urging Democrats to negotiate on policies after the government reopens. Kristen Goodwin, Fox News President Trump scheduled.

[Sue Guzman]

To visit several Asian nations. This upcoming trip includes an expected sit down with China's leader as the world's two largest economies exchange tariff and trade threats. White House spokeswoman Caroline Levitt Thursday morning local time.

[Political Correspondent]

President Trump will participate in a bilateral meeting with President Xi of the People's Republic of China before departing to return home to Washington, D.C. the meeting with.

[Sue Guzman]

The Chinese president follows Beijing's announcement of tighter export restrictions on rare earth minerals. Secretary of State Marco Rubio meeting with Israeli Prime Minister Benjamin Netanyahu in Jerusalem today on the fragile US Ceasefire deal.

[Secretary of State Marco Rubio]

No one's under any illusions this is we've already done the impossible once and we intend to keep doing that if we can. We have good partners that we're working on, but we feel confident and positive about the progress that's being made and.

[Sue Guzman]

He says the talks will continue. I'm Sue Guzman. This is Fox News.

[Will Kane]

It's Will Kane. Country Watch it live at noon Eastern Monday through Thursday at foxnews. Com or on the Fox News YouTube channel. And don't miss the show. Listen and follow the podcast five days a week at foxnewspodcasts. Com or wherever you download your favorite podcasts.