US Ross: committed to fostering prosperity across the Americas

US Commerce Secretary Wilbur Ross is hitting the wires, stating that the US is committed to fostering prosperity across the broader Americas region.

Key highlights:

In direct reference to NAFTA discussions, as well as ongoing Latin America issues.

Ross says that the US will not abandon leadership in the region to authoritarian countries.

Latin American countries have a $67 billion trade deficit with China.

Latin America exports mostly raw materials to China.

WTO trade facilitation agreement still needs to be implemented within Latin America.