A landmark US Supreme Court decision striking down the use of emergency powers to impose broad tariffs has upended global trade expectations, lifted equity markets, and sent businesses scrambling to understand what comes next. While GDP slowed and inflation rose, markets reacted positively as the ruling removed a major source of uncertainty for importers, exporters, and investors. With the old tariff framework dismantled and new targeted measures on the horizon, industries from real estate to finance are bracing for shifting economic conditions that could influence everything from consumer spending to investment strategy.