No, as this is reading something other than the Quran. It is permissible but not recommended to hold the Arabic Quran and to follow behind the Imam. Reading the translation would be like reading other books as this is not the word of Allah but a translation that might be right and it might be wrong.

And Allah knows best

During the Tarawih prayer can we keep in our hands a copy of the Translation of the Meanings of the Quran and follow so we can understand what is the Imam saying?