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Under the Biden-Harris administration, black businesses have boomed. Will they thrive under Trump?

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President Joe Biden meets with Hero Plumbing Inc. CEO Rashawn Spivey, theGrio.com

In the final months of the Biden-Harris White House, the administration is touting the significant gains for Black-owned businesses over the past 4 years and dealing to make sure those successes proceed as President-elect Donald Trump and his administration take office.

Last week, the SBA celebrated a record variety of business applications under President Joe Biden and Vice President Kamala Harris – greater than 20 million, the most in a single presidential term in U.S. history.

While it’s unclear how a lot of those 20 million businesses were black-owned due to how federal data is collected, the White House noted that the variety of black households (5% to 11%) and ZIP codes with dominant racial populations black that reported ownership, the small company made significant profits.

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“There has been research done that shows that small business applications increased by 198% in neighborhoods where at least 75% of the residents identify as Black,” Guzman said, adding, “It has been an incredible boom in Black entrepreneurship.”

There has been the same increase amongst women and others working at corporations owned by corporations of color.

Administrator Guzman noted that business activity growth has continued over the past few years following the pandemic, and in some cases there was significant expansion by way of geographic location and sort of business.

“We’re seeing continued growth in technology-related businesses, including digital e-commerce… they’re increasingly doing their business online and really pushing the envelope there, and we’ve seen trends of people moving out of urban centers and into other communities,” Guzman shared.

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She noted that these “high-propensity businesses” mean they are “more likely to create jobs.”

Excluding the profits of black corporations, they represent only 3% of all corporations in the US, despite the fact that black Americans constitute 14% of the total population, According to to Pew Research. By comparison, white American-owned businesses make up 85% of all businesses. According to a report by the Brookings Institution emphasizesAt current growth rates, it might take Black businesses 256 years to succeed in the level of the entire Black population.

“Realistically, these growth rates lag significantly behind the pace that could alleviate racial disparities in employer-business ownership in the near future, and large structural barriers across the economy – including, but not limited to, the racial nature of investment – ​​continue to undermine transformational change,” the Brookings report said. “Given that many of these disparities are structural, solutions must be structural as well.”

The SBA has also implemented reforms akin to simplifying certification and protecting the 8A program, which provides training and federal contracts for socially and economically disadvantaged small business owners.

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Despite noticeable gains for Black-owned businesses under the Biden-Harris administration, there are concerns about what a second Trump administration would mean for them in the coming years.

Donald Trump, Black Business, theGrio.com
Republican presidential candidate and former U.S. President Donald Trump hosts a roundtable discussion with Black business owners before a rally at the Georgia State University Convocation Center on August 3, 2024 in Atlanta, Georgia. Polls currently show a good race between Trump and the Democratic presidential candidate, US Vice President Kamala Harris. (Photo: Joe Raedle/Getty Images)

In addition to his latest administration’s hostility toward racial equality, Trump’s first term was criticized for the SBA’s management of the PPP loan program during the Covid-19 pandemic. In addition to multiple fraud cases, Black and brown businesses have disproportionately failed to profit from the loan forgiveness program.

Congresswoman Clarke, who serves on the House Energy and Commerce Committee, said any “abrupt policy change” regarding closing racial disparities in small businesses would end in Black businesses “withering on the vine just as they are growing.”

“We will need to make sure that the law is applied equally to all small businesses and that Black communities do not pay the price for… a vindictive administration,” Clarke said.

Guzman said President Biden “has been clear that diversity is our strength in this country”; he said what the SBA did “in a major way” set “a standard on which we can continue to build,” including tripling federal lending to black-owned businesses because of this of the administration’s “historic access to capital” reforms.

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“Unless these changes are reversed,” she added.

How a Black-owned radio station stayed independent for 50 years while other media became corporatized.

This article was originally published on : thegrio.com

Politics and Current

Chairman of the FCC under the fire for wearing Trump’s head on a high heel in Crerey Maga Cult Callback

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There are golden heels for flaps, after which there are loyalty vows, which go as innocent golden heels.

The chairman of FCC, Brendan Carr, recently selected the last one – hitting the golden pink head of Donald Trump’s head into his jacket, as if he was interrogated by the Ministry of Maga Propaganda (and let’s not give Trump any ideas).

Carr posed for a camera in Congress rooms, just under the official home seal, proudly showing a pin, in which most decision -makers normally show the American flag – a quiet exchange, which puts symbolism over the substance, emphasizing the shameless loyalty shown to Trump, especially by appointed and members of his office.

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Rep. Buddy Carter and chairman of FCC Brendan Carr (photo: x/@brendancarrfc)

And for those that wonder if Trump’s golden image was only a one -time flex by Carr, we assure you that every one this except: He sent Pin Trump-head repeatedly on X, apparently convinced that replacing the national emblem with the face of his favorite president is solely good branding.

Social media had a day in the field.

“Once again, how is it not a cult?” One person joked at Reddit.

“Certain real energy select your large shiny pin with you, one user has extinguished in one other post, showing that Carr was rading a full display.

Another person offered Carr some wardrobe advice: “A disgusting idiot, you have no honesty, why not attach this damn badge on the forehead.”

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One user summed up the slack in a neat post: “How crazy is wearing Pinie Trump, as if you are his fan president? Are you 12? Are you an ethical challenge?”

The controversy and its slack had a disturbing echo of the oppression of regimes, in which facial high heels are a smaller alternative of fashion and more tactics of survival. For example, North Korea made miniature portraits of Kim il-Sung and Kim Jong-N. Virtually mandatory. Mao Zedong had its own lip cult during China’s cultural revolution.

The similarity was not lost by critics who saw this type of cult Hero, who crawled dangerously near authoritarian cosplay in American politics, unlike before.

The White House tried to tear him away.

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“Of course, we have not ordered officials to wear this pin. If they decide to wear it, it is to show support for the greatest president in history,” said an unnamed official News Yahoo.

It was a kind of statement that unintentionally confirmed the whole point.

Carr didn’t comment on the slack, but Trump’s golden head already spoke. At a time when the loyalty to Trump was under a great criticism in democratic circles, Szpilka seemed less like a personal statement, and more with the shutter of the current climate in Washington – with republicans not showing resistance to the Trump program and symbolism play a direct role in remaining in Trump’s good favors.

And Carr was not the only headline. In February, a representative of New York Claudia Tenney decided that the highest time in which America made Trump’s birthday a federal holiday. Yes, you read well. In the invoice, which practically got here a gift in Maga Red, Tenney proposed joining on June 14-the Flag Day-a latest holiday called “Trump’s Birthday and Flag Day”. Her pitch? This Trump, like George Washington, deserves its day on his calendar.

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“As our 45 and 47. President is the most consistent president of the modern history of America,” Tenney said, he brushed the belief about Trump’s crime, civil discovery of sexual sexual abuse and two impeachments, reminiscent of parking tickets.

It even belonged to Trump’s “founder of the Golden Age of America”, a sentence that seemed less like a legislative blaster, and more at the starting of the history of Origin Marvel Comics.

This movement caused their very own wave of criticism on the web, and commentators compared the proposal of something from the North Korean textbook. “We are still saying that it is a cult,” one user wrote, “and they still prove us.”

To sum up, Bill and Pin Carr offer greater than just isolated quirks – they show a party an increasing number of shaped by the image of one man, each literally and legislative.

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(Tagstotransate) Donald Trump

This article was originally published on : atlantablackstar.com
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Politics and Current

Marjorie Taylor Greene called “Butch Body Body”, Black Protester appointed by the police in the town hall

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Town Hall at Georgia District of USA Rep. Marjorie Taylor Greene broke out on Tuesday in several explosions, which ends up in arguments with the police and later arrests. The republican legislator was also offended by a slogan, which was infamous by the democratic representative of Jasmine Crockett.

Greene, a conservative brand of the bonfire strictly in line with President Donald Trump and his master’s movement, met with tensions during the town hall in Cobb in the state of Ga., Where the police forcibly removed the interference and directed one black protesting to use from some participants.

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As Rep. Greene discussed immigration – the major feature of the magician program – and what she described as the dangers of undocumented people in the United States, disturbed the black protesting woman. In the film Published On X, the woman looked as if it would cause “KKK”, which she called the “terrorist group”, which “follows black and brown people.” When the protester was physically escorted from the town hall by an officer, she called Greene a “body biggot” – a reference to the phrase used by Crockett’s congressmen during a viral exchange from Greene on Capitol.

During the next meeting with the black male protest, the case increased to physically fight officers, and eventually he was convinced by the police. Some participants of the town hall might be applauded when a person was directed to the ground and faraway from the room. There could also be several dozen subsequent protesters seen Standing along the pavement in front of the town hall of Greene Congressmen.

The major protests in the Congress Town Halls have recently develop into regular, especially in the protests of republican legislators, because voters express the indignation of some major financing cuts and federal terms of employees conducted by the Trump administration, which affect critical agencies, including the Department of Education and Social Security Administration.

Democratic members of the Congress tried to make use of the unpopularity of Trump’s actions and their support from the Republicans. When many Republicans refused to maintain the town hall due to the constant protests from indignant voters, some democrats kept their very own town hall in republican districts.

Congressmenka said that “very unfortunate that so many people would be hurt and have already been injured in this process, so I’m very concerned.” However, Democrat said that she believed that her party “will win the next round.”

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She added: “We intend to take this government back and do for people we are trying to do now. And what we have to do is make sure that everyone has a decent quality of life. We hope to do it.”

(Tagstotransate) Marjorie Taylor Greene

This article was originally published on : thegrio.com
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Politics and Current

China revealing brands as “not made in America” ​​in connection with the trade war

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tariffs, China United States, USA, Trump,manufacturers


Calling what is occurring online “fire” doesn’t even start to elucidate what is occurring during the trade war between the United States and China. Gloves have dropped out since President Donald Trump threatened to use as much as 125% tariffs to all Chinese imports. Now producers in China are exposing American brands for what they call “hypocrisy” amongst the trade war.

When issuing American brands, a few of the largest producers in China claim that although American corporations claim that they’re “produced in the US”, they quietly produce goods in Chinese factories. According to movies published on Tiktok, a few of these alleged great names are Michael Kors, a handbag coach, Levi jeans and Lulhed.

According to 1 creator of the brand content, they run away from marking things as “made in America” ​​or “Made in Welies”. For example, most bags are produced in China before it is distributed to a designer or brand. The designer will add ending or logo, enabling brands to characterize items as “produced” in response to the country.

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“I am surprised that more people do not know this. The quality of Chinese products is equally good,” said the creator of Tiktok. “We have always had the assumption that Chinese goods are not good, but all this is propaganda.”

In one other film, published by China Yiw Factor, says that Birkenstocks is just USD 10 and asks people to contact him in the event that they need to cooperate with him.

Consumers corresponding to Chinese producers revealing American brands

One person published on China Yiwu Factor: “Chinese producers are driving luxury brands is my new favorite tiktok.”

Other people praise Chinese producers for “playing chess”, while Trump “plays him in fish” and encourages these producers to directly sell to consumers.

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The escalating trade war between the United States and China appears after Trump said that there’s an imbalance of trade between two nations. He said that America has bought lots from China for years, but it surely was not reciprocated, reports. Trump said American Company goes beyond compliance with the rules of the communist party, But Chinese corporations haven’t got the same barriers.

His second argument concerns national security. America is predicated on China in terms of electronic chips, pharmaceutical components and rare lands. However, China has recently suspended the critical export of rare lands, and American corporations do not need an alternate supplier.

Tariffs are an try to make China negotiating friendly trade principles with the United States. If this doesn’t work, Trump’s administration hopes that it forces corporations to seek out other places, mainly in the United States, to amass and create their products.

While China is the major exporter to the USA, this is not any longer the first. The United States sent a record export of dollars to China to China in 2024. China, on the other hand, He exported $ 463 billion in goods and services to the United States, Third behind Mexico and Canada, Associated Pressreported.

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The best export in the USA to China in 2024 included soy, planes, pharmaceuticals and semiconductors. Last 12 months, the major export from China included cell phones, computers, toys and clothing.

(Tagstranslat) trade war

This article was originally published on : www.blackenterprise.com
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