Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Donald Trump will soon start his second term as president of the United States and will have to show the people who voted for him that he will follow through on promises made on the campaign trail. He promised to raise tariffs on exports from countries like China to prioritize American workers and companies here in the United States. Given how impactful tariffs can be on certain countries and within certain areas of the tech industry, it is best to prepare ahead of time for how those tariffs will change the industry and affect opportunities. Tariffs are an additional tax added on a country’s imports or exports. Trump’s relationship with tariffs started during his first administration, and they were primarily targeted at China. The first exports he put tariffs on were solar panels and washing machines at a rate of 20%-50% in January 2018 , which affected China and other countries. He subsequently...

Restaurants and pop culture have a special relationship with Red Lobster. From the mention of its signature biscuits in songs to being one of the go-to spots for family and friends, Red Lobster has decades of impressions among millions of consumers. Now, the fast-casual restaurant has a new CEO at its helm, 35-year-old Damola Adamolekun. Adamolekun is a Nigerian native who now leads Red Lobster after a successful stint as the top executive and first Black CEO of the Asian-fusion restaurant P.F. Chang’s. According to the National Restaurant Association, Adamolekun helped generate an estimated $1 billion in revenue for the chain. This level of expertise is part of the reason the former Goldman Sachs investment banker was hired to help Red Lobster overcome its looming business performance problems. In May 2024, the seafood chain filed for bankruptcy. CNN noted that years of mismanagement, inflation, and competition led to more than $1 billion in debt and less than $30 million in cash...