Trump changes his tune on the economy

President Trump is changing his tune on the economy, suggesting that Americans should buy less and will probably pay more and bear the brunt of an uncertain economic landscape as his wide-ranging tariff policy takes effect.

Trump and his economic team have for weeks said the tariffs would result in only short-term pain and that the tumult in the stock market would eventually level out.

But the White House’s messaging has evolved from Trump on the campaign trail promising to...