The article from ProPublica discusses how the recent surge in inflation has affected the tire industry and the prices of rubber imports. According to the article, the prices of natural rubber and synthetic rubber have been on the rise due to several factors, including the COVID-19 pandemic, supply chain disruptions, and increased demand for rubber products.

The article highlights the impact of the rising rubber prices on tire manufacturers and consumers. Tire manufacturers have been struggling to keep up with the increasing costs of raw materials and have been forced to raise their prices. As a result, consumers are paying more for tires, which has further contributed to the overall inflationary pressures in the economy.

"The last 3 years in the tire  business have seen  more changes than I experienced in my first 49 years in the business. Supply shortages, multiple price increases, and labor shortages have played a major role in the hyperinflation of tire prices. These factors have forced many customers to buy down from Major brand tires to lower priced imported tires. Although many of the supply chain issues have subsided retail prices on Major brands have held steady. Many imported brands have seen price reductions as the freight surcharges have been deleted. We are constantly monitoring competitor prices to offer the best value on every tire we sell. Our Sales team always strive to exceed customer expectations every day!"

Hank Feldman - Founder/Owner Peformanceplustire.com

The article also discusses the role of China in the global rubber market and how its policies and actions have affected the prices of rubber imports. The Chinese government has been stockpiling rubber, which has tightened the global supply and contributed to the price increases.

Overall, the article provides insight into the complex factors contributing to the current inflationary pressures and highlights the challenges faced by industries and consumers alike.