Chime rumored to postpone IPO over tariffs - Breaking The News

Chime rumored to postpone IPO over tariffs

4 April

1 min read

EPA-EFE/OLGA FEDOROVA

San Francisco-based Chime Financial Inc., a digital banking platform, is postponing the filing of its financials with regulators, further delaying its long-anticipated IPO, according to sources cited by The Wall Street Journal on Friday. In December, Chime filed confidential paperwork to go public with the United States Securities and Exchange Commission.

Earlier today, it was reported that Swedish payments giant Klarna paused its IPO preparations following the Trump administration's announcement of sweeping global tariffs. American ticketing platform StubHub also shelved its public debut, which had been slated for next week.

tariffs trade war chime stubhub klarna

Trump: We're going to make a fair deal with China

12 minutes ago

United States President Donald Trump accused China of taking "more jobs from us than any country has ever taken from another country." "With my China tariffs, we're ending the greatest job theft in the history of the world," he stressed. This, however, doesn't mean that China and the US can't "get along," Trump added. "I think it's going to work out. They want to make a deal. We're going to make a deal. But it's going to be a fair deal," he said.

Lutnick: Trade deal with a country reached

5 hours ago

United States Commerce Secretary Howard Lutnick told CNBC in an interview on Tuesday that a trade deal with a country has been reached. Without naming the country, Lutnick said that he is only waiting for the parliament of that nation to approve it."All of the deals will be incredibly smart and incredibly thoughtful," he commented. Lutnick previously confirmed that a tariff relief for the automakers is coming. "You're going to see the greatest domestic...

Pfizer CEO says tariff uncertainty limits investment

5 hours ago

Pfizer Inc. CEO Albert Bourla (pictured) said on Tuesday that uncertainty surrounding US President Donald Trump's proposed pharmaceutical tariffs is discouraging the company from expanding in the US. "If I know that there will not be tariffs ... then there are tremendous investments that can happen in this country," he stated, highlighting opportunities in both R&D and manufacturing."In periods of uncertainty, everybody is controlling their cost ... and is...

Bessent urges EU to scrap internet tax on US firms

10 hours ago

United States Treasury Secretary Scott Bessent called on Tuesday for the European Union to eliminate its internet tax, arguing that it disproportionately affects US technology companies.Speaking at a press conference from the White House, Bessent said the policy creates an unfair digital trade barrier and needs to be reconsidered."We want to see the internet tax in the EU removed," Bessent said, signaling a potential escalation in US-EU trade tensions.

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.