Trump Signals Tariff Shift Amid Economic Optimism; State Street Beats Q3 Estimates
Key TakeawaysPresident Trump indicated that a 100% tariff on China is "not sustainable", suggesting a potential easing of trade tensions ahead of an anticipated meeting with Chinese counterparts.White House Economic Adviser Kevin Hassett expressed confidence in sustained 4% U.S. economic growth and signaled that expected Federal Reserve rate cuts are just the beginning.State Street (STT) outperformed Q3 2025 earnings estimates, reporting adjusted EPS of 3.55 billion in revenue, driven by strong fe ...