Wall Street spent the week staring at tariff percentages, but the real story went down at the Supreme Court. The Court struck down Trump’s previous global tariff program, ruling that emergency powers under IEEPA could not be used to impose sweeping import levies. That decision wiped out the legal foundation for the structure that had collected more than $175 billion in duties. Trump responded by invoking Section 122 of the Trade Act of 1974, which allows temporary tariffs of up to 15% for 150 days in response to balance-of-payments or currency…