Finance

Trump to sign USMCA next Wednesday

President Trump plans to sign the United States-Mexico-Canada Agreement (USMCA) into law next Wednesday at the White House. 

The trade deal represents one of Trump's most significant accomplishments during his first term as president, following through on a major campaign promise to replace the North American Free Trade Agreement (NAFTA).

Trump's signing of the agreement on Jan. 29, which was first reported by Reuters and later confirmed by a White House spokesman, will offer the president an opportunity to take a victory lap highlighting the achievement.

The signing ceremony is also likely to take place at a time Trump's impeachment trial will still be occurring in the Senate, and will provide a bit of counter-programming to those proceedings.

The USMCA passed with considerable bipartisan support in both the House and Senate. Sen. Chuck Grassley (R-Iowa), the president pro tempore of the Senate, signed the legislation on Wednesday, sending it to Trump's desk. 

The deal marks one of two trade achievements that the president has heralded in recent weeks; the signing will come just two weeks after the president celebrated a "phase one" trade pact with China at an event at the White House. 

Trump has a busy week upcoming as he juggles campaign appearances and official business at the White House.

The White House also announced Thursday that Israeli Prime Minister Benjamin Netanyahu will travel to Washington, D.C., on Tuesday to discuss the Trump administration's long-awaited Middle East peace plan. 

Trump is also scheduled to attend campaign rallies in New Jersey and Iowa on Tuesday and Thursday evenings, respectively.

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