According to PANews, Swedish payment giant Klarna has decided to pause its initial public offering (IPO) plans following the imposition of tariffs by U.S. President Donald Trump.

Previously, it was reported that Klarna aimed to raise at least $1 billion through an IPO in the United States, with plans to submit its application as early as next week. However, the recent tariff developments have led the company to reconsider its timeline for going public.