Fox News Hourly Update - 8AM ET 08/01/2025 Newscast Summary

Release Date: August 1, 2025
Host/Author: FOX News Podcasts

Trade and Tariff Announcements

New Tariffs Implemented Today

Host Dave Anthony opened the newscast by announcing the implementation of new tariffs on imports from dozens of countries. While some tariffs are set to take effect immediately, others have been postponed to the following Thursday.

“They aren't in effect yet. I'm Dave Anthony. FOX News. Tariffs that we're going to start today been pushed back the next Thursday on imports from dozens of countries.”
— Dave Anthony [00:02]

Specific Tariff Rates and Affected Countries

Peter Doocy provided detailed information on the specific tariff rates imposed on various countries, highlighting that nations failing to negotiate new deals with the U.S. face substantial tariffs, some of the highest globally.

“Countries that were not making specific new deals for themselves with the US Were just told what their new rates are going to be, mostly 15 to 20% with some much higher, the highest in the world. Now, Syria, 41%, Laos and Burma, 40%, Switzerland, 39%. And Canada, our neighbors to the north, 35%.”
— Peter Doocy [00:11]

Focus on Canada

Dave Anthony emphasized the immediate effect of the Canadian tariffs, which have increased from 25% on goods not covered by a trade agreement. This move comes amid President Trump's accusations that Canada has been unfair to American farmers.

“That Canadian tariff actually goes into effect today and up from 25 on goods not covered by a trade agreement.”
— Dave Anthony [00:32]

Ontario Premier Doug Ford responded firmly against the tariffs, advocating for Canada to stand its ground and seek the right deal.

“It's actually time to fight and Canada shouldn't settle for anything less than the right deal. Now is not the time to roll over with we need to stand our ground.”
— Peter Doocy [00:44]

Political Developments

Former President Biden Criticizes President Trump

Dave Anthony reported that former President Joe Biden criticized President Trump, accusing him of attempting to dismantle the Constitution and erase foundational elements of society.

“President Trump wants to dismantle the Constitution to erase history rather than make it to erase fairness, equality, to erase justice itself.”
— Former President Joe Biden [00:54]

Kamala Harris on Democratic Leadership

Following Biden's remarks, Kamala Harris appeared on CBS's "Late Show with Stephen Colbert" discussing Democratic leadership. She refrained from naming specific individuals to avoid controversy.

“I think there are a lot of. ... Because then I'm going to leave somebody out and then I'm going to hear about it.”
— Janice Dean [01:23 - 01:29]

Dave Anthony noted President Trump's skepticism regarding the 2020 campaign results.

“President Trump says that campaign he won was weird. I don't know.”
— Dave Anthony [01:29]

Peter Doocy expressed doubts about Kamala Harris's political skills.

“She, she, I wouldn't call her a skilled politician.”
— Peter Doocy [01:33]

International Affairs and Humanitarian Efforts

U.S. Efforts in the Israel-Hamas Conflict

Special Envoy Steve Witkoff recently visited Gaza to oversee ceasefire talks amidst the ongoing conflict with Hamas. Accompanied by U.S. Ambassador Mike Huckabee, they toured food distribution sites managed by GHF, an organization backed by the U.S. and Israel. Huckabee praised GHF for distributing 100 million meals in two months. However, international concerns persist regarding the safety of Palestinians and attacks targeting crowds seeking food.

“Praise for GHF, the U.S. an Israeli backed organization that he says has distributed 100 million meals in two months.”
— Mike Huckabee via Peter Doocy [01:37]

Criminal Cases and Law Enforcement

Double Murder Case in Arkansas

James McGann made his first court appearance in Arkansas following his arrest for the double murder of Clinton and Kristen Brink. The tragic incident occurred on a hiking trail at a State Park, where McGann confessed to the murders in front of the victims' two daughters, aged 7 and 9. While the children were unharmed physically, they witnessed their parents' murder.

“McGann confessed to killing Clinton and Kristen Brink in front of their two daughters, age 7 and 9.”
— State Police Colonel Mike Hager [02:37]

Manhunt for Austin Drummond in Tennessee

The Tennessee Bureau of Investigations has issued warrants for Austin Drummond on four counts of first-degree murder. The investigation intensified after an infant was found in a car seat in northwest Tennessee, linking the child to two adults found dead in neighboring Lake County, 30 miles away. Authorities have not disclosed the cause of death for the victims. A reward of $2,500 is being offered for information leading to Drummond's arrest.

“A reward of $2,500 was being offered for information leading to Drummond's arrest.”
— Tom Rigotti [02:52]

Economic Updates

Unemployment Rate Projected to Rise

Janice Dean reported that the unemployment rate is expected to increase slightly to 4.2% in July, up from 4.1% in June. This projected rise may influence the Federal Reserve's decisions regarding future interest rate cuts. A higher-than-expected unemployment rate could delay rate reductions, while indications of the labor market cooling might revive hopes for a rate cut.

“Rate is estimated to inch higher to 4.2% after falling unexpectedly to 4.1% in June.”
— Janice Dean [03:37]

President Trump's Pressure on the Federal Reserve

Dave Anthony highlighted President Trump's continued demands for the Federal Reserve to lower interest rates, including his derogatory remarks about Fed Chairman Jerome Powell.

“President Trump keeps demanding that the Federal Reserve substantially lower interest rates again, insulting Fed Chairman Jerome Powell on Truth Social this morning, calling him a stubborn moron.”
— Dave Anthony [03:57]

Stock Market Response

Ahead of the upcoming jobs report, stock futures showed a significant downturn, with the Dow Jones Industrial Average futures dropping nearly 400 points.

“On Wall street ahead of the jobs report, stock futures are down almost 400 points for the Dow.”
— Dave Anthony [03:57]

Upcoming Segments and Announcements

Will Kane Show Promotion

Will Kane promoted his show, encouraging listeners to tune in live at noon Eastern from Monday through Thursday on foxnews.com or the Fox News YouTube channel. He also reminded listeners to subscribe to the podcast available five days a week.

“It's the Will Kane 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.”
— Will Kane [04:13]

Conclusion

The 8AM ET update on August 1, 2025, covered significant developments in trade policies, political tensions, international humanitarian efforts, high-profile criminal cases, and economic indicators. Listeners were kept informed about the immediate effects of new tariffs, the ongoing political discourse between former and current administrations, as well as critical updates on law enforcement actions and economic forecasts. The session concluded with promotions for upcoming shows and how to access additional content.