Method to handle host, device, and link's latency tolerant requirements over USB Type-C power delivery using vendor defined messaging for all alternate modes

A system and method for performing a latency tolerance operation, comprising: determining whether a host and a device coupled to a cable are both capable of communicating information regarding latency tolerance; identifying a host latency tolerance and a device latency tolerance; configuring the host and the device to communicate based upon the host latency tolerance and the device latency tolerance; and, communicating between the host and the device, the communicating conforming to the host latency tolerance and the device latency tolerance.