<h1>Federal ruling upholds finding that reciprocal tariffs are unlawful, but enforcement paused until mid-October, prompting planned legal review</h1> A US appeals court upheld a ruling finding the federal reciprocal tariffs unlawful but allowed them to remain in effect until mid-October, prompting the executive to announce plans to seek Supreme Court review; the judicial determination and pending review create legal uncertainty over the tariffs' continued application and potential reversal. That uncertainty has commercial and diplomatic consequences, likely forcing renegotiation of recent trade deals if the tariffs are ultimately struck down, and is cited by market participants as a driver of safe-haven demand and volatility in bullion, currency and commodities markets.