International Bank of Commerce CEO Dennis Nixon and Executive Vice President Gerry Schwebel were also in attendance for the trade agreement signing.
The USMCA includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S. -Mexico-Canada trade flows largely unchanged.
Mexico is the #2 market for whole beans, meal and oil, and Canada is the #4 buyer of meal and #7 buyer of oil for USA soybean farmers, making the trade agreement essential to sustaining the growth realized in those two countries under the North American Free Trade Agreement (NAFTA).
As the impeachment saga charges forward, President Trump is hoping to highlight a strong American economy - bolstered, he says, by trade deals that better serve U.S. workers - as a way to rebut accusations he abused his office.
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Pat Toomey, R-Pa., has suggested a deal whereby Republicans would get to call a witness for every witness called by Democrats . The president's lawyer, Jay Sekulow, argued on Tuesday , "You can not impeach a president based on an unsourced allegation".
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Disney+ will launch in the UK, France, Germany, Italy, Ireland, Spain, Austria and Switzerland on 24 March. Earnings per share of $1.30 topped 30 cents the year earlier and Wall Street estimates of 53 cents.
Trump did not mention the work done by Pelosi or other Democrats on the trade pact, but U.S. Trade Representative Robert Lighthizer, in his remarks at the ceremony, acknowledged the role that House leaders played in getting the deal done. "We believe this deal to be a critical step forward for our future and are counting on all Parliamentarians to come together and ratify the agreement without delay".
The House approved the agreement 358-41 on December 19, after a year of hard talks between the White House and House Democrats - who have spent months focused on impeaching the president. While about 400 guests attended the event, key Democrats who helped secure congressional passage of the deal were not present. House Speaker Nancy Pelosi has said negotiations between Democrats and the Trump administration yielded a better deal - one she said little resembles the one Trump originally sent to Capitol Hill.
"Today, we finally end the NAFTA nightmare", Trump said during a signing ceremony on the South Lawn of the White House.
USMCA gives American farmers more of a chance to compete in Canada's highly restrictive dairy market, sets a minimum wage for workers manufacturing automobiles and increases the percentage of auto parts required to become duty-free. Additionally, between 40 per cent and 45 per cent of a vehicle's content must be produced by workers who earn at least $16 per hour, a stiffer requirement that could lead to more cars being manufactured in the U.S. and Canada, as opposed to low-wage Mexico. "You guys did a good job on us before this deal, I'll tell you". "The main thing is what it isn't: It isn't a continuation of uncertainty, and it isn't a major disruption" to business.
The president wasn't wasting any time highlighting the deal in battleground states that will determine who wins this year's presidential election. Mexico has already approved the deal.