"The White House Correspondents' Association (WHCA) stands with The Washington Post and numerous other news outlets that Donald Trump has arbitrarily banned from his campaign events," said Carol Lee, the WHCA president.
"Any nominee for the highest office in the country must respect the role of a free and adversarial press, not disown the principles of the First Amendment just because he or she does not like the tone or content of their coverage," Lee said.
WHCA represents the correspondents covering White House on a daily basis.
In another statement, Reporters Without Borders (RSF) strongly condemned Trump's decision to revoke The Washington Post's press credentials and said this is a serious violation of freedom of the press.
In a Facebook posting, Trump said, "based on the incredibly inaccurate coverage and reporting of the record setting Trump campaign, we are hereby revoking the press credentials of the phony and dishonest Washington Post".
Trump himself indicated that the decision came after he disagreed with a Washington Post article with the headline "Donald Trump seems to connect President Obama to Orlando Shooting".
Marty Baron, executive editor of The Washington Post, said: "This is nothing less than a repudiation of the role of a free and independent press. When coverage doesn't correspond to what the candidate wants it to be, then a news organisation is banished. The Post will continue to cover Donald Trump as it has all along - honourably, honestly, accurately, energetically, and unflinchingly. We're proud of our coverage, and we're going to keep at it."
RSF alleged this is the latest incident where Trump and his campaign have made clear his disregard for freedom of the press.
Previously, Trump's team has restricted media access to campaign events, he has insulted and bullied reporters who portray him negatively or ask him tough questions, and refused to participate in a Republican debate because FoxNews refused to remove its reporter Megyn Kelly as a moderator, it alleged.
"Trump's actions during the run up to the 2016 presidential election mark an alarming trend of curtailing freedom of the press in the United States," RSF said.
The US ranks 41 out of 180 countries on RSF's 2016 World Press Freedom Index.
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