President Donald Trump is scheduled to make an announcement from the Oval Office on August 6, 2025, at 4:30 PM Eastern Time, according to multiple White House sources. The announcement comes on the eve of the deadline for the United States' 145% tariff on Chinese goods, which took effect on April 9, 2025. In the days leading up to the announcement, President Trump was observed at the White House residence engaging in discussions and strategizing, including looking over the rooftop of the West Wing and gesturing towards the White House grounds and Washington, D.C. Speculation suggests the announcement could be a major development during his second term, but no specific details have been disclosed publicly.