12PM ET 07/31/2025 Newscast

Summary

Fox News Hourly Update - Detailed Summary Episode: 12PM ET 07/31/2025 Newscast Release Date: July 31, 2025 Host: Lisa Brady, Lydia Hu, Jared Halpern, Jeff Manasso, Chris Foster

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1. Legal Battle Over Presidential Tariffs

[00:02] Lisa Brady introduces the main story of the day: the Trump administration's legal challenge against a lower court ruling that deemed the president's use of tariffs to address trade imbalances and fentanyl as unconstitutional. This case centers on whether the President can unilaterally impose tariffs under the International Emergency Economic Powers Act (IEEPA).

[00:16] Lydia Hu provides background, explaining that in May, the Court of International Trade issued an injunction halting the collection of these tariffs. However, this injunction was subsequently stayed, allowing tariffs to continue while the case undergoes the appeal process.

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2. President Trump's Defense of Tariff Policies

At [00:29] Lisa Brady reports that Lydia Hu conveys President Trump's stance, stating that without the ability to impose tariffs, "the country would have no chance of survival or success." Trump emphasizes the necessity of tariffs as a tool for protecting national interests.

[00:39] Lydia Hu further details the opposition's argument, highlighting that a coalition of five small businesses and a dozen Democrat-led states contend that the lower court was correct. They argue that Trump overstepped by using the IEEPA to enforce tariffs, specifically targeting his 10% universal tariffs and additional fentanyl-related tariffs on imports from Canada, Mexico, and China.

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3. Ongoing Negotiations and Tariff Implications

[01:00] Lisa Brady updates listeners on President Trump's recent announcement of a negotiation period with Mexico. Despite reopening talks following a call with President Scheinbaum, tariffs on Mexican goods remain in effect for the time being.

[01:11] Jared Halpern elaborates on Trump's approach, referencing a Truth Social post where the president acknowledges the complexities of negotiating with Mexico due to the shared border. He outlines the administration's plan to engage in discussions over the next 90 days aiming to finalize a trade deal. Meanwhile, tariffs on Mexican imports will persist at 25%, with a substantial 50% tariff on steel, aluminum, and copper. However, certain products remain exempt under the existing U.S.-Mexico-Canada Agreement initiated during Trump's first term.

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4. International Trade Tensions and Middle East Developments

[01:39] Lisa Brady reports from the White House that Jared Halpern adds information about the imposition of reciprocal tariffs on multiple countries, effective just after midnight. Additionally, the administration’s Middle East envoy is on the ground in Israel, engaging in talks with the Prime Minister. Pressure is mounting for increased humanitarian aid in Gaza, with Canada, France, and Britain signaling intentions to recognize Palestinian statehood in the near future.

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5. Public Safety Concerns in Ohio

[02:36] Jeff Manasso shifts focus to Ohio, detailing how the state is responding to recent violent incidents. Following a viral video that captured the brutal beating of two individuals, Ohio has responded by deploying state troopers to Cincinnati at the city's request. This move aims to bolster the understaffed local police force by having troopers concentrate on traffic enforcement, thereby allowing city police to address and investigate other crimes. Governor Mike DeWine states, "The state has done this in other cities and that it's made a big difference," underscoring the effectiveness of state-level intervention in enhancing local law enforcement capabilities.

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6. FBI Investigation and Political Insights

[03:07] Lisa Brady informs listeners that the FBI is actively investigating the attack that occurred last Friday. Defense lawyers involved in related cases suggest there may be additional complexities to the incident that are yet to be uncovered.

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7. Kamala Harris's Upcoming Book and Political Future

[03:17] Chris Foster introduces a segment on former Vice President Kamala Harris, who is reportedly working on a new book titled "107 Days." The book chronicles her swift and ultimately unsuccessful campaign following President Biden's withdrawal from the presidential race on July 21st.

[03:25] Kamala Harris is quoted saying, "I've spent a lot of time reflecting on those days, talking with my team, my family, my friends, and pulling my thoughts together, in essence, writing a journal that is this book, 107 Days."

[03:39] Chris Foster summarizes the book's narrative, noting that it concludes with Harris's loss to President Trump on November 5th. Harris adds, "I believe there's value in sharing what I saw, what I learned and what I know it will take to move forward," indicating her intent to contribute to the national discourse through her experiences.

The book is scheduled for release on September 23rd, published by Simon and Schuster. Additionally, Harris announced her decision not to run for governor of California in the upcoming election year and has not publicly disclosed any plans regarding a potential 2028 presidential run.

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8. Federal Reserve and Economic Indicators

[04:02] Lisa Brady brings attention to economic news following the Federal Reserve's recent decision to keep interest rates unchanged. Contrasting this, a new report reveals that the Fed's preferred inflation gauge has risen to 2.6% in June, up from 2.4% in May. This uptick signals a slight increase in the annual price growth.

Despite earlier downturns, [04:24] Lisa Brady notes that stock markets are currently rebounding. The Dow Jones Industrial Average is up by five points after experiencing declines earlier in the day. Both the S&P 500 and Nasdaq are advancing towards record highs, reflecting positive investor sentiment amid the fluctuating economic indicators.

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9. Closing Remarks

[04:28] Jared Halpern wraps up the newscast by inviting listeners to join his podcast, "Jason in the House," every Monday for in-depth discussions on the latest political headlines and conversations with notable guests. He encourages the audience to listen and follow the podcast through Fox News Podcast platforms or other podcast distribution services.

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End of Summary

Transcript

[Lisa Brady]

A court fight over tariffs on Lisa Brady, FOX News. A Federal Court in D.C. hearing arguments as the Trump administration appeals a lower court ruling that found the president's use of tariffs to address trade imbalances and fentanyl is unconstitutional.

[Lydia Hu]

Back in May, it was the Court of International Trade that entered an injunction to stop the collection of tariffs. That injunction was put on a stay and that's why tariffs are still being collected right now while the case is working through the appeals process.

[Lisa Brady]

Fox Business's Lydia who President Trump posting earlier today the country would have no chance of survival or success if not able to protect itself by using tariffs against tariffs.

[Lydia Hu]

On the other side of this case, a group of five small businesses and a dozen Democrat led states. They argue, listen, the lower court got it right, that Trump cannot use the International Emergency Economic Powers act, also called IA, to impose tariffs. At stake here, Trump's 10% universal tariffs, the fentanyl tariffs imposed on Canada, Mexico.

[Lisa Brady]

And China while that case plays out. President Trump just announcing a negotiating period with Mexico after a call with President Scheinbaum. But adding the tariffs on Mexican goods will continue, at least for now.

[Jared Halpern]

In a truth social post, the president says the complexities of a deal with Mexico are different than other nations because of the border. And so his administration will talk with Mexico for the next 90 days with the goal of signing a trade deal. In the meantime, tariffs on Mexican goods will stay at 25% with a 50% tariff on steel, aluminum and copper. Some products are shielded from tariffs by the U.S. mexico Canada agreement signed during President Trump's first term.

[Lisa Brady]

Fox's Jared Halpern at the White House just after midnight tonight. Delayed reciprocal tariffs on multiple countries kick in. The president's Mideast envoy is in Israel meeting with the prime minister as pressure builds for more humanitarian aid in Gaza with Canada joining France and Britain and planning to recognize Palestinian statehood soon. America's listening to FOX News.

[Ryan Reynolds]

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[Lisa Brady]

$45 for a 3 month plan equivalent.

[Lydia Hu]

To $15 per month required new customer.

[Lisa Brady]

Offer for first 3 months only. Speed slow after 35 gigabytes of networks busy taxes and fees extra. See mintmobile.com in Ohio City we'll get help from the state Highway Patrol after a recent violent attack downtown.

[Jeff Manasso]

Safety concerns in an understaffed police department has Ohio offering up, at Cincinnati's request, state troopers to assist the city with policing after viral video last week captured the brutal beatings of two people. That's also led to felony charges for several suspects. We're told troopers will focus on traffic enforcement to free up police to respond and to investigate other crimes. Ohio Governor Mike DeWine says the state has done this in other cities and that it's made a big difference. Jeff Manasso, FOX News.

[Lisa Brady]

The FBI says it's also investigating last Friday's attack. Defense lawyers have said there's more to the story. Former Vice President Kamala Harris has apparently been busy working on a new book.

[Chris Foster]

It's called 107 Days for How long her historically short campaign lasted after President Biden dropped out of the race last July 21st.

[Kamala Harris]

I've spent a lot of time reflecting on those days, talking with my team, my family, my friends, and pulling my thoughts together, in essence, writing a journal that is this book, 107 Days, a.

[Chris Foster]

Story that ends with her losing to President Trump on November 5th.

[Kamala Harris]

I believe there's value in sharing what I saw, what I learned and what I know it will take to move forward.

[Chris Foster]

Books published by Simon and Schuster, out September 23rd. Harris announced this week she will not run for governor of California next year. She hasn't said anything publicly about running for president again in 2028. Chris Foster, Fox News.

[Lisa Brady]

A day after the Fed left interest rates alone comes a report showing its preferred inflation gauge ticked higher last month. Prices up 2.6% in June compared to a year ago. That's up from an annual 2.4% pace in May. Stocks turning higher right now. The Dow's up five points. It had been lower earlier. The S and P and the Nasdaq getting back to record territory.

[Kamala Harris]

Lisa Brady, FOX NEWS.

[Chris Foster]

This is Jason Chaffet from the Jason in the House podcast.

[Jared Halpern]

Join me every Monday to dive deeper into the latest political headlines and chat with remarkable guests. Listen and follow [e-mail] or wherever you download podcasts.