The campaign team of US President Donald Trump has announced that it will not grant Bloomberg journalists the credentials to cover Trump's campaigns.

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According to the campaign led by Brad Parscale, the media outlet had exhibited bias in its coverage of the US president. 

“We will determine whether to engage with individual reporters or answer inquiries from Bloomberg News on a case-by-case basis,” Parscale said according to the New York Times. “This will remain the policy of the Trump campaign until Bloomberg News publicly rescinds its decision.

Trump's campaign took issue with the fact that the outlet had said it would not probe its owner but would continue investigating the Trump administration.

The dramatic announcement comes just days after Bloomberg's owner, former New York mayor Michael Bloomberg announced that he would be seeking the Democratic Party ticket to run for the presidency in 2020.

Michael Bloomberg's entry into the political fray has plunged Bloomberg into a journalistic quandary according to the Washington Post.

In a statement to Cable News Network (CNN), Bloomberg's editor-in-chief John Micklethwait rejected the suggestion that it had been biased in its coverage of Donald Trump.

“We have covered Donald Trump fairly and in an unbiased way since he became a candidate in 2015 and will continue to do so despite the restrictions imposed by the Trump campaign, " Bloomberg's statement read.