The New York Times said the US president was set to reveal the long-awaited agreement, citing three people familiar with the plans.
In a post on his TruthSocial platform, the president added that it would be the first of many but provided no further details, including which country.
Britain was not among the countries hit with additional tariffs, because it imports more from the US than it exports there.
The White House has not commented on the New York Times’ report.
Trump’s top officials have engaged in a flurry of meetings with trading partners since the president on April 2 imposed a 10% tariff on most countries, along with higher “reciprocal” tariff rates for many trading partners, though those rates were later suspended for 90 days.
Last week, he said that he has “potential” trade deals with India, South Korea and Japan.
With agencies
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