"The process has begun long ago, but it really formally begins on Wednesday," the President added, with Treasury Secretary Steven Mnuchin - his chief tax reform architect - standing beside him.
Mr. Trump has talked for months about acting on tax reform, but after three months in office, the President has not sent any formal plan to the Congress, where many GOP lawmakers are waiting to see some details.
Reports on Friday night seemed to indicate that the announcement next week will be on the broad brush side - not the nitty gritty details of major tax changes.
In an hour long interview with the Associated Press, the President also hyped his own tax reform announcement for next week, saying the tax cuts he will propose would be "massive."
"Bigger, I believe than any tax cut ever," Mr. Trump said.
But his goal to get it out next week - just days before the 100 day mark of his presidency - evidently wasn't what top aides had been envisioning.
"Trump Vows to Unveil Tax-Cut Plan Next Week, Surprising Staff," was the headline in the New York Times.
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