From Yahoo Finance: 2025-04-07 08:00:00

Klarna, a BNPL player, halts IPO due to new US tariffs, causing market turmoil. Company filed for IPO last month, expected to trade on NYSE. No set timeline for resuming offering. Reported $21m profit in 2024, up from $244m loss in 2023. Concerns over tariffs affecting consumer spending and merchant financials.

US President Trump imposes 10% baseline tariff on all imports, citing National Emergency. Policy allows for tariff adjustments based on trading partners’ actions. Klarna cited potential tariffs as reason for IPO pause. Uncertainty surrounding global trade policies impacting decision-making. Klarna monitoring situation for future actions.

The White House implements reciprocal tariff policy to address trade imbalances. Klarna’s IPO pause reflects broader concerns over economic environment. Company highlights potential risks in SEC filing. Turbulence in markets due to tariff announcement. Klarna’s financial condition tied to global trade policies and economic growth.

Read more: Klarna pauses IPO amid US tariff concerns