Zinchenko must be persuaded to leave the Premier League champions, but if he agrees then he will undergo a medical early on Thursday so that the deal can be completed before the 5pm deadline.
Traore, who emerged through the Barcelona youth system before joining Aston Villa and then Middlesbrough, is Nuno Espirito Santo's fifth signing since the Black Country club secured promotion to the Premier League.
City have needed Zinchenko to feature in their pre-season games with fellow left-footers Bernard Mendy coming back to full match fitness following a long-term injury and Fabian Delph returning late after the World Cup.
Donald Trump Authorizes More Steel and Aluminum Tariffs on Turkey
On Friday, he said the country had to take steps in answer "to those who have waged an economic war against us". But the trade minister, Ruhsar Pekcan, said: "We implore President Trump to return to the negotiating table".
Jury awards $440m to man who blames Monsanto's Roundup for cancer
They said he even once contacted Monsanto after developing a rash, and wasn't told of any risk, the AP reported. At one point, when a hose broke, the weed killer covered his entire body.
Turkey unveils new economic plan
But Mr Erdogan is famously averse to interest rate rises, and there are fears he may be pressuring the central bank not to act. TURKS have been hitting bureau de changes, after being ordered to sell their gold and dollars to support the crumbling Lira .
After winning the Championship last season, Wolves will be looking to add top flight experience to the squad as they aim to avoid relegation.
The 22-year-old, capped by Spain at various age groups up to Under-21 level, signed a five-year contract for a reported fee of £18 million (US$23 million, 20 million euros).
"Yes, you could say they could stay here and get us in the Premier League and then play there but that's not the way the world works, so I wish the two of them all the best".