6AM ET 07/23/2025 Newscast

Summary

Fox News Hourly Update - Detailed Summary Episode: 6AM ET 07/23/2025 Newscast | Release Date: July 23, 2025 | Host: FOX News Podcasts

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1. U.S.-Japan Trade Deal Enhancement

Timestamp: [00:02] – [00:35]

President Donald Trump has renegotiated the existing trade agreement with Japan, resulting in a reduction of the previously threatened 25% tariff on Japanese imports down to 15%. This move is part of a broader strategy to bolster economic ties and mutual investment between the two nations.

Cheryl Cassoni reported, “Japan's going to invest, he says, at my direction, $550 billion into the U.S. which will receive 90% of the profits. The deal will create hundreds of thousands of jobs. There's never been anything like it.” This agreement is expected to facilitate significant Japanese investment in the United States and open Japanese markets to American exports, including automobiles, trucks, rice, and other agricultural products.

2. Additional Trade Agreements and U.S.-Philippines Relations

Timestamp: [00:35] – [00:56]

In addition to the Japan deal, the administration has secured a trade agreement with Indonesia, imposing a 19% tariff on imports from both Indonesia and the Philippines. During a meeting with the Philippine leader, President Trump shifted the conversation towards longstanding allegations against former President Obama, suggesting involvement in a "Russia hoax."

3. Allegations of Political Manipulation and Intelligence Bias

Timestamp: [00:56] – [01:27]

President Trump accused former President Obama of treason, stating, “Obama's been caught directly” in the investigation concerning alleged Russian interference in the 2016 presidential election. Tulsi Gabbard added to the discourse by referring evidence to the Justice Department, claiming it shows the Obama administration politicized intelligence. However, a spokesperson for Obama dismissed these claims as “outrageous and bizarre,” reaffirming that the evidence supports the conclusion that Russia aimed to influence the election.

4. Executive Actions on Artificial Intelligence

Timestamp: [01:27] – [01:40]

The President is set to sign executive orders focused on artificial intelligence (AI). Treasury Secretary Scott Besset emphasized the administration's stance, stating, “deregulation is the key to the AI revolution.” These measures aim to accelerate AI development and integration within various sectors of the economy.

5. Humanitarian Crisis in Gaza

Timestamp: [01:40] – [01:55]

Growing concerns have been raised regarding the dire conditions for Palestinians in Gaza. Jonathan Savage reported that organizations like Save the Children and Doctors Without Borders (Médecins Sans Frontières) are alarmed by the escalating mass starvation in the region. They highlighted significant obstacles in collaborating with Israel to distribute essential aid, exacerbating the humanitarian crisis.

6. Security Measures for Upcoming International Events

Timestamp: [03:08] – [03:58]

With major international events on the horizon, including the Soccer World Cup next year, the United States' 250th birthday celebrations, and the 2028 Summer Olympics in Los Angeles, Congress is actively addressing security concerns. Scott Gronaul detailed a House hearing where lawmakers sought lessons from past incidents, such as the Boston Marathon bombing. Retired Boston police officer Ed Davis emphasized the importance of “breaking down emergency silos” and fostering cooperative efforts to anticipate and mitigate unknown threats. Kansas City Police Chief Stacey Graves highlighted the unpredictability of public events, referencing the deadly shooting at a Super Bowl celebration in 2024. Congress members are keen to ensure that all areas—from major cities to tribal lands—are prepared to maintain safety while being welcoming during these global gatherings.

7. Tributes to Ozzy Osbourne

Timestamp: [03:58] – [04:53]

The music world mourns the passing of legendary heavy metal icon, Ozzy Osbourne, at the age of 76. This loss comes just weeks after his final concert performance. Michelle Paulino reported, “Osbourne reunited with his Black Sabbath bandmates on stage in his hometown of Birmingham earlier in July for one final performance.” His family released a heartfelt statement: “It is with more sadness than mere words can convey that we have to report that our beloved Ozzy Osbourne has passed away. This morning, he was with his family and surrounded by love.” Osbourne was renowned for pioneering heavy metal with Black Sabbath, achieving massive success as a solo artist, and gaining fame as a reality TV star through MTV’s "The Osbournes." In recent years, he battled Parkinson's disease and faced numerous health challenges, including complications from a fall.

8. Financial Markets Update

Timestamp: [04:53] – [05:05]

The stock market shows signs of optimism following the announcement of new U.S. trade deals. Dow futures have risen by more than expected, and the S&P 500 recently closed at a new record high. This positive trend suggests investor confidence in the administration's economic policies and trade strategies.

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End of Summary

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This summary provides an overview of the key topics discussed in the Fox News Hourly Update aired on July 23, 2025. For a more detailed account, tuning into the full episode is recommended.

Transcript

[Dave Anthony]

A new trade deal with Japan. I'm Dave Anthony. Fox News. President Trump has worked it out, cutting his threatened 25% tariff on Japanese imports to 15%.

[Cheryl Cassoni]

Of course, he used Truth Social to confirm this new deal. Japan's going to invest, he says, at my direction, $550 billion into the U.S. which will receive 90% of the profits. The deal will create hundreds of thousands of jobs. There's never been anything like it. Perhaps most importantly, Japan will open their country to trade, including cars and trucks, rice and certain other agricultural products.

[Dave Anthony]

That's FOX Business Network. Cheryl Cassoni. There's also a trade deal with Indonesia with a 19% tariff on imports from there and the same tariff on imports from the Philippines. But as the president met with the Philippines leader, he also turned his focus to what he's long called the Russia hoax, accusing former President Obama of treason in the investigation into alleged Russian interference that led to claims of Trump campaign collusion.

[Donald Trump]

After what they did to me after and whether it's right or wrong, it's time to go after people. Obama's been caught directly.

[Tulsi Gabbard]

DNI Tulsi Gabbard is referring evidence to the Justice Department after releasing a document she claims shows the Obama administration politicized intelligence. A spokesman for former President Obama calls the claims outrageous and bizarre, adding nothing in the document undercuts the widely accepted conclusion Russia worked to influence the 2016 presidential election.

[Dave Anthony]

That's Fox's Jared Halpern of the White House. Today, the president will sign executive orders related to artificial intelligence. Treasury Secretary Scott Bessen says deregulation is the key to the AI revolution. There's growing concern about conditions for Palestinians in Gaza.

[Jonathan Savage]

Save the Children and Medicine Sans Frontier are among the organizations who say they are sounding the alarm. They report mass starvation is spreading across Gaza and say working with Israel to distribute aid faces too many obstacles.

[Dave Anthony]

That's fox's Jonathan Savage. America's listening to FOX News.

[Netsuite Representative]

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[Dave Anthony]

Soccer's World cup is coming next year, along with a lot of events to celebrate the US's 250th birthday. And then in 2028, the Summer Olympics come to Los Angeles, so Congress has concerns about securing all of that.

[Scott Gronaul]

At a house hearing, lawmakers look to learn from past lessons, such as the Boston Marathon bombing. Retired Boston cop Ed Davis said a.

[Stacey Graves]

Terrorist was caught by breaking down agen emergency silos, but actively seeking out what is unknown through cooperative efforts.

[Scott Gronaul]

Kansas City Police Chief Stacey Graves discussed the deadly shooting at a Super bowl celebration in 2024, underscoring the unpredictable nature.

[Cheryl Cassoni]

Of such open air public events.

[Scott Gronaul]

Members of Congress say they want to know what all areas, from big cities to tribal lands, need to make America not only welcoming but safe as these global events happen.

[Dave Anthony]

Gronaul Scott, FOX News A rock icon is being mourned. Ozzy Osbourne was a heavy metal star for more than a half century. His death at the age of 76, just weeks after what was billed as the final concert.

[Michelle Paulino]

Osborne reunited with his Black Sabbath bandmates on stage in his hometown of Birmingham earlier in July for one final performance. In a statement, his family said, it is with more sadness than mere words can convey that we have to report that our beloved Ozzy Osbourne has passed away. This morning, he was with his family and surrounded by love. Osbourne pioneered heavy metal with Black Sabbath before launching a massively successful solo career. He also became a reality TV star on MTV's the Osbournes. Osbourne had been battling Parkinson's disease and suffered numerous health issues in recent years, including complications from a fall. Michelle Paulino, FOX NEWS On Wall street.

[Dave Anthony]

Stocks could rise following the new U.S. trade deals. DOW futures up more than the day after The S&P 500 closed at a new record high. I'm Dave Anthony. This is Fox News.

[Will Cain]

It's the Will Cain Show. Watch it live at noon Eastern Monday through Thursday on foxnews.com or on the Fox News YouTube channel. And don't miss a show. Get the podcast five days a week at foxnewspodcasts.com or wherever you download your favorite podcasts.