The president had planned to host the event at his Trump National Doral Miami resort on Saturday but scrapped the plans on Thursday afternoon due to Tropical Storm Isaias, a Republican National Committee spokesperson confirmed.
According to a report by the Miami Herald, Trump is still expected to attend a fundraiser in Tampa on Friday evening.
The campaign was offering tickets to the Tampa and Doral events for $5,600, according to the Herald report. Access to a roundtable discussion with the president fetched $100,000.
The news will come as a blow to the president, who was forced to cancel his plans to hold a roaring Republican National Convention in Jacksonville, Florida — a state which is being ravaged by the coronavirus.
Instead, Trump is expected to accept the nomination later this month at a scaled-back affair in Charlotte, North Carolina, which was the originally intended location for the convention.