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Presidenti Trump did not reveal the trading partner, saying only that it was "A BIG, AND HIGHLY RESPECTED, COUNTRY" and that representatives would join him at 10 a.m. ET in the Oval Office.
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This will mark the first agreement after President Donald Trump imposed steep tariffs on dozens of trading partners.
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A deal would be a positive sign for both governments, which have eyed an agreement since President Trump's first term.
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In his first post-presidential interview, Joe Biden expressed dismay over his successor Donald Trump's statements about acquiring Panama, Greenland and making Canada the 51st state.
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