Klarna and StubHub will hold back on their IPOs after the stock market collapsed over Trump’s sweeping tariffs. Both companies were scheduled to pitch to investors next week, but have put their roadshows on hold.

Swedish fintech Klarna has paused its plans for a U.S. initial public offering as President Donald Trump's sweeping tariffs rattle global markets, according to sources familiar with the situation.

Klarna, the specialty lending and online payments provider, has halted its planned initial public offering, the latest IPO casualty in the wake of the Trump administration’s sweeping tariff announcement.