The European Union is racing to clinch an agreement with the Americans before tariffs kick in on Aug. 1, even as President Trump has signaled he is in no rush.

European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.

Foreign ministers from the EU's 27-member nations are meeting in Brussels in the wake of a new aid deal for Gaza, largely forged by the bloc's foreign policy chief Kaja Kallas and Israeli Foreign Minister Gideon Saar.

Europe’s top diplomats are assessing a new deal with Israel to deliver humanitarian aid to Gaza, according to Kaja Kallas, the European Union’s foreign policy chief. Foreign ministers from the EU’s 27-member nations were set to meet on Tuesday in Brussels in the wake of a new aid deal for Gaza largely forged by Kallas and Israeli foreign minister Gideon Saar,

Ministers will also discuss Iran's nuclear program, tensions in Georgia and Moldova and new sanctions on Russia as the EU prepares its 18th sanctions package.