President Donald Trump's tariff announcements are wreaking havoc on the auto industry. Here's why car buyers should approach the market cautiously.

President Donald Trump announced that the United States would levy a 25 percent tariff on all vehicles assembled in foreign countries, beginning on April 2. He further announced that the tariff would be extended in May to include key components used in domestic production,

Here's how it's impacting the car industry and you. Does the mind boggle at all these zig-zagging, on-again, off-again Trump administration tariffs on, well, the entire world? With President Trump slapping a 25-percent duty on automotive goods (including both foreign-assembled vehicles and parts),