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James Mayger
Verified
Editor, Bloomberg News
Japan
Beats
News outside of Roscoe, Rockton, and South Beloit, Illinois
Content
By James Mayger Verified, Katia Dmitrieva Verified| Bloomberg Law Verified The future of the one of the world’s biggest trading relationships hangs in the balance after President Donald Trump’s tariff war sparked a standoff between the US and China. While Trump stepped back from the cliff edge for most countries — announcing on April 9 a 90-day pause on much of his “reciprocal” tariff agenda — he doubled down on China, increasing the new levy on its imports since he returned to the White House to 145%.
By James Mayger Verified| Bloomberg News Verified
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.
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Founded: 1981