Trump accuses the court of unfairly targeting the USA and Israel, according to the news channel that has seen documents about the order.
The decision will entail, among other things, economic sanctions and visa restrictions for unnamed officials within the criminal court.
In November, the ICC issued an arrest warrant against Israel's Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant, as well as Hamas's military chief Mohammed Dayf, who has been labeled a terrorist.
The then-US President Joe Biden called the arrest warrant scandalous. According to the Trump administration, the arrest warrant created a "shameful moral equivalence".
Trump's order is expected to be signed by the president during the afternoon local time. This comes after Israel's Prime Minister Benjamin Netanyahu met Trump in Washington on Tuesday.
The USA has not ratified the ICC's founding document, the Rome Statute.
Sweden's Foreign Minister Maria Malmer Stenergard (M) states in a written statement to TT that the threat of sanctions from the USA against the ICC is very worrying:
"If the sanctions are adopted, they risk seriously affecting the court's ability to perform its work in investigations into serious international crimes, such as Russia's horrific war of aggression against Ukraine."
