During a working visit to Britain last July, Trump met with May and had tea with the queen at Windsor Castle.
The White House press release did confirm that the President will hold a meeting with the UK Prime Minister, Theresa May, who initially mentioned inviting Mr Trump on a State Visit soon after his inauguration in January 2017, leading to controversy and a petition against the potential trip.
Mr Trump also made remarks about Kate after she was photographed sunbathing topless by the paparazzi in France.
The President is set to travel to Portsmouth on 5th June to take part in the city's D-Day 75 event on Southsea Common, which will be honouring the survivors of the 1944 Normandy invasion.
Buckingham Palace is due to announce the visit "shortly", the sources told CNN.
The Queen normally only receives one or two heads of state each year.
This time he and his wife Melania will be hosted by the Queen at Buckingham Palace, have meetings at Downing Street, and go to Portsmouth for a ceremony marking the 75th Anniversary of D-Day.
Prime minister Theresa May extended the invitation for a state visit more than two years ago, but the trip has been deferred amid concerns about the president's reception and Britain's extended crisis over Brexit.
London Mayor Sadiq Khan gave protesters permission during Trump's summer visit to fly a "Trump baby" blimp over the city when the president visits. Last year, anti-Trump demonstrations included several organized marches by varying groups, most notably a giant balloon depicting the president as an angry, screaming orange baby in a diaper, clutching a cellphone with Twitter on the screen dubbed, "Trump Baby".
Trump was also left largely unperturbed by the protest that took place during his last visit.
Some Labour MPs this morning reacted angrily to the suggestion Mr Trump would get a full state visit this time around. Theresa May is selling out the United Kingdom to a serial liar and a cheat. When the trip was first mooted, the Speaker of the House of Commons, John Bercow, said he would block any opportunity for President Trump to address Parliament in Westminster Hall.
The Queen is usually referred to as "Her Majesty", or "Your Majesty", if individuals meet her in person.
Wildlife conservation worker Fiona Mckenna added: " is a really damaging example, especially to the young people of the world.
"It's up to us, again, to say Trump is not welcome, and to make his visit as unpleasant as possible".