If you’ve recently shopped for tires and felt sticker shock, you’re not imagining things. The tire industry is quietly undergoing a significant price hike, and most consumers aren’t aware of the reasons behind it. From tariffs to supply chain disruptions, several factors are converging to drive up costs. While flashy headlines focus on EVs and tech upgrades, the humble tire is becoming a luxury item. So, what’s driving up the price? Here’s what you need to know.
