No it WOULDN'T be tolerated at all. In fact, the police would exert very draconian tactics, including taking some lives while the rest would be incarcerated. There are QUITE DIFFERENT standards in relation to the race issue in America. Many times, Caucasians receive leniency for the same acts that Blacks will be severely punished for.
It would have resulted in many more than 1 dead, it would have been covered 24x7 in all news channels and blacks would have been all tarnished with one brush. None of that happened with the white guy's, (no one deserves to die not even the white guy that got shot) sad but we still have colour based Racism in the world especially in the US.