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The Fox News Rundown

President Trump Doesn't Teeter On Tariffs

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.41.5K Ratings

🗓️ 4 August 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

The Trump administration has a lot of irons in the fire right now, between President Trump's efforts to broker peace in the world's hot spots, tariff negotiations with many countries, and his attempt to stabilize the U.S. economy. Meanwhile, the 2026 Midterm Elections are swiftly approaching, and both parties have their eyes on key political races. Republican strategist and co-founder of South and Hill Strategies, Colin Reed, joins the Rundown to discuss the current state of the U.S. economy and how President Trump's economic policies will reflect voters' decisions in the 2026 Midterm Elections.    Tariffs, job numbers, and interest rates are all impacting the economic picture within the United States; however, American small businesses seem resilient in finding carrots, sticks, resources, and hope. Marcus Lemonis , CEO of Camping World, Executive Chairman for Beyond, and the host of the new show, “The Fixer,” on FOX Business, joins the Rundown to give his perspective on the poor jobs report and why he believes the Trump administration’s tariff strategy is a good one. Later, he talks about helping small businesses get back to thriving on his brand new FOX Business show airing Friday nights.   Plus, commentary from FOX News Contributor Joe Concha. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I'm Brett Baer. I'm Maria Bartramo. I'm Brian Kilmead, and this is the Fox News Rundown.

0:09.0

Monday, August 4th, 2025. I'm Grinnell Scott. The political landscape could potentially be

0:16.8

affected by a number of coming issues, tariff discussions, international conflicts, the midterm

0:22.7

elections. How might opinions of the Trump administration change over the next year or so?

0:28.7

There's a lot of hope. There's a lot of encouragement. And this economy and the strength and its

0:36.0

overall well-being will, as always does, be the overriding factor

0:42.1

heading into next year's midterms.

0:44.6

I'm Jessica Rosenthal.

0:46.4

Tariffs, job numbers, interest rates, all of it are impacting the economic picture,

0:51.3

and yet the American small business powers through looking for carrots, resources, and hope.

0:56.3

There's this idea that tariffs are going to destroy the economy, and I just, if I can be very candid, I just don't see it.

1:03.5

And I'm Joe Concha. I've got the final word on the Fox News rundown.

1:16.5

The Trump administration has a lot of irons in the fire right now. The efforts to broker peace in the world's hotspots, tariff negotiations with more than a few countries. Meanwhile,

1:22.5

here at home, there is the specter of the midterm elections a bit more than a year away

1:27.4

while trying to stabilize the U.S a bit more than a year away,

1:30.4

while trying to stabilize the U.S. economy.

1:36.7

On that last point, White House National Economic Advisor Kevin Hassett said on Fox News Sunday,

1:39.0

there are going to be ups and downs.

1:42.4

I think with the economy, it's really important to keep our eyes on the horizon,

1:50.9

and the eyes on the horizon are seeing really smooth sailing ahead. We've got 3% GDP growth. And yes, this week, a disappointing jobs number. That number, just 73,000 jobs created in July. But still there is the belief that

1:59.3

what the president is doing with the economy has more than satisfied many of the millions who voted him back into office.

2:07.7

Well, six months and two weeks into the president's term, there's a lot of really positive signs.

...

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