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.

The healthcare startup is considering putting its public market debut on pause, Business Insider has learned, as the markets sink on Trump's tariffs.

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.