Steel tariffs open 'can of worms', drive up prices

The humble tin can is the latest victim of US steel tariffs as domestic manufacturers say producing cans at home has become more expensive than importing them, despite Washington's push to bolster steel production and limit imports.

A decade ago, United States producers made 60 percent of the tinplate and other packaging steel used nationwide, according to Harbor Intelligence, a steel analysis and research company. Last year, that share fell to less than 20 percent, with imports accounting for the remaining 80 percent, The New York Times reported.