8AM ET 08/01/2025 Newscast

Summary

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

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

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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]

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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]

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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]

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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]

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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]

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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]

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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.

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Transcript

[Dave Anthony]

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.

[Peter Doocy]

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%.

[Dave Anthony]

That Canadian tariff actually goes into effect today and up from 25 on goods not covered by a trade agreement. With President Trump accusing Canada of treating our farmers unfairly. And fox's Peter Doocy at the White House also reads this reaction.

[Peter Doocy]

The Ontario Premier Doug Ford says 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.

[Dave Anthony]

Former President Biden lashed out last night, warning that President Trump wants to dismantle the Constitution to erase history rather than make it to erase fairness, equality, to erase justice itself. And after the former president said that to the National Bar association in Chicago, his ex VP Kamala Harris, who replaced him in the 2024 election and lost, went on the CBS Late show with Stephen Colbert. He asked Harris, who's leading the Democratic Party, who comes to mind?

[Janice Dean]

I think there are a lot of.

[Dave Anthony]

I'm not going to go through names.

[Janice Dean]

Because then I'm going to leave somebody out and then I'm going to hear about it.

[Dave Anthony]

President Trump says that campaign he won was weird. I don't know.

[Peter Doocy]

I mean, she, she, I wouldn't call her a skilled politician.

[Dave Anthony]

Special envoy Steve Witkoff, who went to Israel for ceasefire talks in the war against Hamas, went to Gaza today to tour food distribution sites along with U.S. ambassador Mike Huckabee, who posted on X Praise for GHF, the U.S. an Israeli backed organization that he says has distributed 100 million meals in two months. But there's growing international concern about starving Palestinians and deadly attacks on crowds trying to get the food. America's listening to fox.

[Janice Dean]

I'm Janice Dean. Join me every Sunday as I focus on stories of hope and people who are truly rays of sunshine in their community and across the world.

[Will Kane]

Listen and follow [e-mail] news.

[Dave Anthony]

James McGann is doing court in Arkansas today, making his first appearance since he was arrested while getting a haircut Wednesday and charged with double murder in the killings of a married couple on a hiking trail at a State Park.

[Tom Rigotti]

Our suspects DNA has been a positive match to the DNA that we suspected to belong to our suspect at the scene.

[Dave Anthony]

And State Police Colonel Mike Hager says McGann confessed to killing Clinton and Kristen Brink in front of their two daughters, age 7 and 9. Now, they were not harmed physically, but they did see their parents murdered. There's a manhunt for another accused killer in another state.

[Tom Rigotti]

The Tennessee Bureau of Investigations has obtained warrants for the arrest of Austin Drummond, charging him with four counts of first degree murder. The investigation began Tuesday after an infant in a car seat was found in a front yard in northwest Tennessee. The Dyer County Sheriff's Office says a caller reported the infant had been dropped off by a minivan or midsize SUV. The baby belonged to two of four people found dead in neighboring Lake County, 30 miles away. Deputies have declined to say how the victims were killed. A reward of $2,500 was being offered for information leading to Drummond's arrest. Tom Rigotti, FOX News.

[Dave Anthony]

We will get an update to the economy later this hour, expected to show a slowdown in hiring last month. And Fox's Hilary Barsky reports the unemployment.

[Janice Dean]

Rate is estimated to inch higher to 4.2% after falling unexpectedly to 4.1% in June. The July job report will potentially influence the Fed's decision in terms of future interest rate cuts. A hotter than expected report may delay cuts while signs of the labor market cooling could revive hopes for a rate cut.

[Dave Anthony]

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. On Wall street ahead of the jobs report, stock futures are down almost 400 points for the Dow. I'm Dave Anthony and this is FOX News.

[Will Kane]

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.