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US and Chinese officials are meeting Monday to extend their tariff detente beyond a mid-August deadline, and haggle over other ways to further defuse trade tensions. Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent will lead the delegations through Tuesday in Stockholm — their third meeting in less than three months. The agenda includes discussions about how long the current tariff truce can be extended, as well as US levies tied to fentanyl trafficking and Chinese purchases of sanctioned Russian and Iranian oil. The meeting follows a trade agreement between the US and European Union that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy. The pact was concluded less than a week before a Friday deadline for President Donald Trump’s higher tariffs to take effect. Today's guests: Kallum Pickering, Peel Hunt Chief Economist, Diana Choyleva, Enodo Economics Chief Economist -------- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse 00:00:32 - EU Reaches Tariff Deal With US to Avert Painful Trade Blow 00:05:33 - US, China Officials to Meet in Sweden to Extend Trade Truce 00:09:09 - Kallum Pickering, Peel Hunt Chief Economist 00:17:59 - US Agrees to 15% Tariff on EU Pharmaceuticals 00:24:49 - US-China Truce Expected to be Extended 00:29:13 - Diana Choyleva, Enodo Economics Chief Economist 00:32:50 - Tariffs to Cost Global Economy $2T by 2027 00:37:23 - Israel Denies Deliberately Starving Garzans 00:41:48 - Boeing Braces for Defense Hub Strike -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts