ofcourse an arms warrior can tank
fury warriors too
i wouldnt recommend you tank a raid as an arms warrior (unless ofcourse u are pretty WELL geared) but any 5 man non-heroic can be tanked by an arms or fury warrior
if you want u can even do a hybrid build, where u throw some points in the prot to get the basics of the prot tree (anticipation, imp sheild block, defiance , last stand ), while keeping the majority of your points in arms or fury depending on your preference
you may not build threat as quickly or you might take some extra damage, but a good group would control thier aggro and a good healer would compensate for the extra healing
basically, protection warriors are raiding warriors , so it really isnt neccessary to spec prot unless your level 70 and raiding regularly