Brazilian steelmaker Gerdau may opt to bump up its output capacity in the United States instead of building a new plant in Mexico, its CEO said on Thursday, as tariffs implemented by President Donald Trump shake up global trade.

Mexico is willing to raise tariffs on Chinese goods and find ways to buy more from the US in a bid to avoid duties threatened by President Donald Trump, according to people familiar with the matter.

Mexico has extradited drug lord Rafael Caro Quintero and 28 other imprisoned gangsters to the USA, as announced by the Mexican prosecutor's office on Thursday. This was the largest operation of its kind in years,