Cailley LaPara - Profile and Journalist Details
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Verified
News Reporter, Bloomberg News
New York
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Content
By Spencer Soper Verified, Cailley LaPara Verified, John Gittelsohn Verified| Financial Post Verified Advertisement 1US importers looking to sidestep Trump administration tariffs are desperately seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties. Article content(Bloomberg) — US importers looking to sidestep Trump administration tariffs are desperately seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties.
By Spencer Soper Verified, Cailley LaPara Verified, John Gittelsohn Verified| Bloomberg News Verified Workers stock shelves at a distribution center in Baltimore, Maryland. (Bloomberg) -- US importers looking to sidestep Trump administration tariffs are desperately seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties. Customs bonded warehouses, which date to the 19th century, have long appealed to importers who want to get products closer to customers but delay paying tariffs until the merchandise is sold.
By Spencer Soper Verified, Cailley LaPara Verified, John Gittelsohn Verified| Financial Post Verified Advertisement 1US importers looking to sidestep Trump administration tariffs are desperately seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties. Article content(Bloomberg) — US importers looking to sidestep Trump administration tariffs are desperately seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981