Multiracial Americans
A typical Latino American family may have members with a wide range of racial phenotypes, meaning a Hispanic couple may have children who look white and African and/or Native American and/or Asian. Latino Americans have several self-identifications; most Latinos identify as white in terms of race, while others identify as black and/or Native American and/or Asian. Latinos who do not want to identify as one of those identify simply as Hispanic and/or "some other race" as their race.
Latino
Neither "Hispanic" nor "Latino" refers to a race, as a person of Latino/Hispanic ethnicity can be of any race. Like non-Latinos, a Latino can be of any race or combination of races: White American / Caucasian, Black / African American, Asian American, Native American / Alaskan Native, Native Hawaiian/Other Pacific Islander American, or two or more ethnicities. While Brazilian Americans are not included with Hispanics and Latinos in the government's census population reports, any Brazilian American can report as being Hispanic or Latino since Hispanic or Latino origin is, like race or ethnicity, a matter of self-identification.