U.S. tariffs could cause the prices of steel and aluminum cans to rise, an increase that may ultimately be passed on to consumers.

"The change in the current trade scheme for aluminium and steel would be detrimental to the productive fabric in aggregate terms," the lobby said in its note, adding that Spain's total cast iron and steel exports to the U.S. reached 944 million euros ($977 million) in 2023.

President Donald Trump imposed a 25% tariff on all steel and aluminum imports into the US. Trump made it very clear that there will be no exceptions, if, ands, or buts. Trump has talked about this tariff for a while,