A Maryland based tin-can company says it will be raising its prices as a result of a change in U.S. tariff policy by the Trump administration.

President Trump imposed a 25 percent tariff on metal imports, sparking new global trade spats as he attempts to shield the U.S. economy from foreign competition.

President Donald Trump is openly challenging U.S. allies by increasing tariffs on all steel and aluminum imports to 25% as he vows to take back wealth he says was “stolen” by other countries.

Shares of steel and aluminum companies outperformed broader stock benchmarks Tuesday after President Trump said in a social media post that he would boost the planned 25% tariff on Canadian imports of the metals to 50% in the escalating trade war between the countries.

President Donald Trump is once again lashing out at three of his biggest irritants: foreign steel, foreign aluminum and Canada.

U.S. President Donald Trump said Thursday that he won't "bend" on tariffs on steel, aluminum or cars, as claims of policy inconsistency lingered due to his administration's recent adjustments to the imposition of levies on Canadian and Mexican goods.

Major trade partners swiftly hit back at President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon.