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Dave Anthony
New tariffs on imports from around the world. I'm Dave Anthony, FOX news.
Trey Gowdy
So we have a great country. We have a country that is going to be very rich.
Dave Anthony
President Trump also posted on Truth Social when those tariffs went into effect after midnight. Billions of dollars are now flowing in.
Trey Gowdy
The tariffs will be between 10 and 41% applied to nearly 70 countries. These import taxes will reach a level not seen in this country in nearly a century. Now, the president also signed an executive order slapping 2025% tariffs on India now and another 25% for Russian oil imports. So 50% are doubling them by August 27th.
Dave Anthony
Fox's Lucas Tomlinson. The president made his comments at an event with Apple which is adding 100 billion more dollars to its already half trillion dollar pledge to invest in the U.S. now, he threatened a 100% tariff on imported semiconductor chips unless the manufacturer also makes chips here or is building a plant to make them. A Trump deadline for Russia to stop the war in Ukraine looms tomorrow. Secretary of State Marco Rubio tells FOX Business hopefully if things continue to an opportunity will present itself very soon for the president to meet both with Vladimir Putin and with President Zelensky at some point here, hopefully in the near future. Now, a short time ago, Russia announced there will be a meeting perhaps next week between Presidents Trump and Putin. The man already charged with murdering two Israeli embassy employees outside the Capital Jewish Museum in May now facing federal hate crimes charges. That's what Elias Rodriguez was heard shouting after he was arrested. He could face the death penalty. United planes are flying again as the airline catches up to a technical glitch that grounded flights last night for several hours, canceling and delaying more than 1200, leaving a lot of passengers stuck in Chicago, Denver, Newark and Houston. I'm a little irritated because I we, you know, we're ready to go home. There are residual issues. More than 100 United flights canceled today and more than 100 also delayed. America's listening to FOX News.
Lucas Tomlinson
It's an interesting time for business. Tariff and trade policies are dynamic, supply chains are squeezed and cash flow tighter than ever. If your business can't adapt in real time, you're in a world of hurt. You need total visibility from global shipments to tariff impacts to real time cash flow. That's NetSuite by Oracle, your AI powered business management suite. Trusted by over 42,000 businesses. NetSuite is the number one cloud ERP for many reasons. It brings accounting, financial management, inventory, HR into one suite. You have one source of truth giving you the visibility and control you need to make quick decisions. With real time forecasting, you're peering into the future with actionable data. And with AI embedded throughout, you can automate a lot of those everyday tasks, letting your team stay strategic. Netsuite helps you know what's stuck, what it's costing you and how to pivot fast. If your revenues are at least in the seven figures, download the free ebook Navigating Global Trade. Free insights for leaders@netsuite.com Fox that's netsuite.com Fox 5U.
Dave Anthony
S soldiers are in recovery the day after a mass shooting at their base in Georgia.
Grinnell Scott
Mutual aid requests for a gunshot wound on Fort Stewart.
Dave Anthony
That call went out late morning after the army says a sergeant opened fire, wounding those five until others tackled him.
Grinnell Scott
Cornelius Radford is a 28 year old sergeant at Fort Stewart. The post's leader, Brigadier General John Lubas, said as the investigation began the shooting.
Trey Gowdy
Occurred at the soldier's place of work. It did involve his co workers. We're still not certain about the motivations.
Grinnell Scott
Officials did say Radford used his own gun, not a military issued weapon, in the attack. General Lubas said investigators did uncover information as they dug into his background.
Trey Gowdy
He was arrested locally for a DUI that was unknown to his chain of command.
Grinnell Scott
It's not believed the shooting is terror related. The five soldiers shot are expected to recover. Grinnell Scott, FOX News this is National.
Dave Anthony
Purple Heart Day, honoring those in the military who were wounded or killed in action.
Grinnell Scott
George Washington created the purple heart on August 7, 1782. It was first known as the Badge of Military Merit, but it wasn't a regular honor until it was revived on Washington's 200th birthday in 1932, when it was made retroactive, meaning soldiers from World War I could be honored. In 1942, Congress changed the parameters for the Purple Heart, making it awardable only for injuries or wounds suffered in service and expanded it to all of the military branches. Originally, it was just for the Army. Purple symbolizes the courage of those who serve. The modern medal features a bust of Washington on one side and the words for military merit on the other. Kevin yaretzki, FOX NEWS On Wall street.
Dave Anthony
Stock futures are up pretty big, more than 200 points for the Dow. The day after The Dow rose 81 and the NASDAQ surged up 252 points. I'm Dave Anthony and this is FOX News.
Trey Gowdy
Hey, I'm Trey Gowdy, host of the Trey Gaddy Podcast. I hope you will join me every Tuesday and Thursday as we navigate life together and hopefully find ourselves a little bit better on the other side.
Dave Anthony
Listen and follow now@foxnewspodcast.com.
Fox News Hourly Update – 6AM ET | August 7, 2025
The Fox News Hourly Update on August 7, 2025, delivered a comprehensive overview of the day's most pressing issues, ranging from economic policies and international relations to domestic security and commemorative events. Below is a detailed summary of the key topics discussed during the newscast.
Host: Dave Anthony
Key Speakers: Trey Gowdy
The episode opened with significant developments in U.S. trade policies. President Trump announced the implementation of new tariffs on imports from nearly 70 countries, marking the highest import taxes imposed in the nation in nearly a century.
Notable Quote:
Trey Gowdy highlighted the scale and impact of these tariffs:
"These import taxes will reach a level not seen in this country in nearly a century."
[00:19]
Implications:
The tariffs aim to bolster domestic industries and reduce dependency on foreign imports. However, they may also lead to increased costs for consumers and potential trade disputes.
Host: Dave Anthony
Key Speakers: Trey Gowdy, Secretary of State Marco Rubio
Recent geopolitical tensions were addressed, focusing on President Trump's potential engagement with both Vladimir Putin of Russia and President Zelensky of Ukraine.
Key Points:
Future Developments:
There is speculation about a potential meeting between Presidents Trump and Putin as early as next week, aiming to de-escalate tensions and foster dialogue.
Host: Dave Anthony
Key Speakers: Trey Gowdy, Grinnell Scott
A tragic incident unfolded at Fort Stewart, Georgia, where a sergeant opened fire at his place of work, resulting in five soldiers being wounded. The situation evolved as authorities investigated the motives behind the attack.
Incident Details:
Notable Quote:
Grinnell Scott reported on the nature of the weapon used:
"Officials did say Radford used his own gun, not a military issued weapon, in the attack."
[03:40]
Additional Context:
Radford had previously been arrested for a DUI, a fact that was not known to his military superiors, adding complexity to the investigation. Authorities have stated that the shooting is not believed to be terror-related.
Host: Dave Anthony
Key Speaker: Grinnell Scott
On August 7th, the nation observed Purple Heart Day, honoring military personnel who have been wounded or killed in action. The segment provided a historical overview of the Purple Heart medal.
Historical Insights:
Notable Quote:
Grinnell Scott emphasized the medal's significance:
"Purple symbolizes the courage of those who serve."
[04:10]
Host: Dave Anthony
The newscast concluded with an optimistic outlook on the stock market:
Analysis:
The positive movement indicates investor confidence, potentially influenced by recent economic policies and corporate investments within the U.S.
The Fox News Hourly Update provided listeners with a thorough overview of critical national and international issues, combining detailed reporting with insightful analysis. From significant economic measures and international diplomacy efforts to addressing domestic security concerns and honoring military valor, the newscast aimed to inform and engage its audience with up-to-the-minute developments.
For more updates, listeners are encouraged to follow Fox News Podcasts and stay informed on the latest news shaping the nation and the world.
This summary was prepared to encapsulate the key discussions and information presented in the Fox News Hourly Update on August 7, 2025.