Now in april this year the Federal Reserve bank in new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and more likely to be classified as at risk for distress the nonminority Small Businesses. Further companies are three times likely as Healthy Business to close because of a two month the ppps program established under the cares act and administered by the Small Business administration and treasury for distress with responded to the covid19 pandemic. Recent analysis of the color of change in the United States found only one in ten africanamerican owned businesses received the requested funds through the program. I have heard from many a minority owned businesses who did everything right, they did not give a low number or loan in the first round, many minority businesses share the enhancement act was not adequately designed to enhance or assist Small Businesses. Thank you to the partnership of the Financial
Very important podcast and author of the new book american oligarch. I found it incredibly detailed and informative. One of the first things that struck me reading the book is it like youre the perfect person for this because yo they have immersed yourself in a dork new jersey politics for a career and now we have not only trump and kushner with so many others running for president. Theres cory booker, rudy giuliani. Right now why do you think there are so many news workers and folks at the upper levels of power in american politics . Guest it is such an interesting question because for so many years but i was covering in the politics is new york and in the cold. Not of course people like Harvey Clinton who ran for president but somehow because new york was iowa or New Hampshire really wasnt in important states except for fundraising purposes and one of the things that happened when trump is elected president has to she was so of this world i have been covering, a world of the new York
7 whether intentional or not including 1st prospective bilateral deals with japan and the European Union as well as of the ongoing trade war with china our producer brant warr has a story. Very very close to the peoples. Business they would be able to give you this very important. Even when it was really a lot of these are happened during meetings that the group of 7 summit in france u. S. President donald trump continued his positive tone about the state of u. S. China trade talks with the exception of a moment on sunday when he appeared to admit he was having 2nd thoughts about the ongoing trade war with beijing. Sure one. Might as well have. Second thoughts about everything the comment by mr trump was quickly clarified by the administration with White House Press secretaries. Stephanie grisham releasing a statement saying his answer had been greatly misinterpreted adding President Trump responded in the affirmative because he regrets not raising the tariffs higher meanwhile. A spoke
U. S. And japan have an agreement in principle for a new bilateral trade deal u. S. Trade representative robert litan hisor in japans economy minister russia mitsu mottaki worked out the deal on the sidelines of the event in france the deal is said to cover Agriculture Industrial tariffs and digital trade the deal is intended to open the japanese markets to more u. S. Products and lead to the reduction in tariffs on items like beef mr trump addressed the prospects of the deal with japan during a meeting with egyptian president abdel fatah elsisi so. They could you know pretty sure thats what. We have caught this is the people dont understand here theres a lot of time when. We have to call. It the big bang that everybodys been robbing the 35 year. Old. Meanwhile the e. U. Appears to be the next target for mr trump on trade during a meeting with germanys uncle them or. The german chancellor pushed for a swift deal to be made between the 2 parties the us announced talks and this is of gre
Pacific capital is standing by to delve into the details of what a deal might look like and later is that the tried climate couldnt get any more tricky a new threat is descending upon one of the worlds favorite groups kaufman author of bet the farm fields past the headlines and takes a look at one of them in a farmers are going crazy with anxiety tried to sell them until the g. s because another all some show is about to take off lets go. U. S. President donald trump claimed monday that chinese trade officials called twice over the weekend during the g. 7 summit to resume trade negotiations mr trump made the statement during the event and barretts friends. In the treaty. And senate get back to the table so well be getting back to you want to do some. Very vanity but this is the right thing to do and i care a Great Respect for your district which is a very positive event. To the world. The u. S. President made plenty of headlines regarding trade during the c g 7 whether intentional or n