Trump’s global 10 per cent tariffs ruled illegal as he pushes for an EU-trade deal
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The Briefing delivers a comprehensive look at global political and cultural developments on May 8, 2026. The episode opens with a major setback for President Donald Trump’s tariff policy, as the US Court of International Trade rules his 10% global tariffs illegal—though only granting immediate relief to three small entities. Despite this, Trump continues threatening higher tariffs on the European Union by July 4th, using the leverage of a 1974 trade law to maintain pressure. The European Union remains in negotiation, facing internal fragmentation and a tight deadline to deliver a trade deal to avoid escalation. Meanwhile, the 2026 Venice Biennale unfolds amid protests against Russia and Israel’s participation, with the Russian pavilion shut down early and an international jury resigning over ethical concerns. In cultural news, the 100th birthday of Britain’s revered natural historian David Attenborough is celebrated globally, with a major event at the Royal Albert Hall, though he remains modest about the attention. The episode also covers rising global food prices due to Middle East conflicts and fertilizer shortages, and the surprising revival of nuclear energy in the US, with Microsoft backing the reopening of the Three Mile Island plant to power AI data centers. These developments underscore growing global uncertainty, shifting economic dynamics, and the enduring cultural power of storytelling and environmental advocacy.
Trump’s 10% global tariffs were ruled illegal by the US Court of International Trade, but remain in place pending appeal.
The EU faces a tight deadline to deliver a trade deal with the US by July 4th to avoid higher tariffs.
The Venice Biennale is under fire for including Russia and Israel, leading to protests and a jury resignation.
Global food prices are rising fastest in over three years, driven by war, fertilizer shortages, and energy costs.
AI’s massive energy demands are driving the reopening of the Three Mile Island nuclear plant in Pennsylvania.
…and 3 more takeaways available in PodZeus
Trump’s Tariff Ruling and EU Trade Pressure
“We get one ruling and we do it a different way.”
EU’s Internal Struggles and Trade Negotiations
The European Union faces internal fragmentation in its trade negotiations, with key institutions failing to reach a deal earlier in May. Leaders are under pressure to pass a trade agreement with the US to avoid Trump’s threats.
Global Economic Impact and Business Pushback
Businesses and the US Chamber of Commerce are challenging tariffs in court, arguing they primarily hurt American consumers. The uncertainty around tariffs has delayed price increases, but experts warn this won’t last.
Venice Biennale Protests and Ethical Controversies
“No Putin! No Putin in Venice!”
Russia’s Altered Victory Day Parade and Putin’s Security Concerns
Russia cancels its traditional military parade on May 9 due to fears of drone attacks. Reports suggest Putin is increasingly isolated and fearful of assassination, leading to a scaled-back celebration.
“He's got the most amazing voice, the most amazing storyteller. He can really create a narrative out of something as minuscule as your garden lawn.”
“He understands audiences. He was channel controller at BBC Two. He really understands how to get a message across and he does so without making himself the subject.”
“No Putin! No Putin in Venice!”
Host
Guests
Donald Trump
person
David Attenborough
person
Russia
place
European Union
organization
Venice Biennale
organization
Ursula von der Leyen
person
US Court of International Trade
organization
Prince William
person
Israel
place
Three Mile Island
place
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