Klarna and StubHub have decided to delay their planned IPOs due to recent announcements of sweeping tariffs by President Trump, which have caused instability in public stock markets. Both companies had submitted public documents last month, aiming to raise over $1 billion each. Their road shows were scheduled for next week to engage potential investors, but the current market conditions prompted them to hit pause. Neither Klarna nor StubHub has commented on the situation, leaving investors eager for updates.