The meeting, at the Park Hyatt hotel in Buenos Aires, is expected to start at 9:30 a.m. ET and last for over two hours, RIA Novosti said Thursday.
The two leaders are expected to discuss several bilateral issues, including "ways to normalize" relations between the two countries, Ushakov said.
The meeting has not yet been confirmed by the White House. But Trump had suggested in an interview Tuesday that he might cancel his get-together with the Russian leader depending on the results of a "full report" about last weekend's maritime clash between Russia and Ukraine.
If it goes ahead as scheduled, it will be the first such sit-down between the two men since they met for more than two hours in Finland in July with only their translators present.
That much-maligned meeting saw Trump forsake the US intelligence community's conclusions of Russian interference in the 2016 US election in favor of amplifying Putin's denials.

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