WASHINGTON, DC– The Latino Coalition (TLC) released the following statement regarding the United States’ Announcement on a deal with Canada and Mexico to lift retaliatory tariffs:
“Today’s announcement to remove the tariffs for steel and aluminum imports from Canada and Mexico, and to lift retaliatory tariffs imposed on American goods by those countries, is a major win for the U.S. economy.
“This announcement removes a key obstacle in approving a solid, modern trade policy like USMCA— an agreement that will benefit American farmers, manufacturers and small business owners. The Latino Coalition calls on Congress to act swiftly and pass the USMCA and acknowledge the special role and contributions of businesses in international trade. Failure of our Congressional leadership to act will potentially damage our flourishing economy, and lead to unnecessary negative consequences for American consumers and businesses,” said TLC Chairman and former U.S. Small Business Administrator, Hector Barreto.
ABOUT THE LATINO COALITION- The Latino Coalition (TLC) was founded in 1995 by a group of Hispanic business owners from across the country to research and develop policies and solutions relevant to Latinos. TLC is a non-profit nationwide organization with offices in California, Washington, DC and Guadalajara, Mexico. Established to address and engage on key issues that directly affect the well-being of Hispanics in the United States, TLC’s agenda is to create and promote initiatives and partnerships that will foster economic equivalency and enhance and empower overall business, economic and social development for Latinos.