Klarna and StubHub have decided to delay their initial public offerings (IPOs) due to the ongoing uncertainty caused by Trump's tariff policies. The turmoil in trade relations has created a challenging environment for companies looking to go public.
Klarna, the Swedish fintech company, has paused its plans for a U.S. initial public offering due to distress in global markets caused by President Trump’s tariffs. The postponement complicates the recovery of the U.S. IPO market, as Klarna's listing was anticipated to spur further IPO activity.