President Trump took a victory lap in a series of tweets Monday after a “historic transaction” was reached at the last minute with Canada for a new trade deal to replace NAFTA.

“Late last night, our deadline, we reached a wonderful new Trade Deal with Canada, to be added into the deal already reached with Mexico. The new name will be The United States Mexico Canada Agreement, or USMCA,” Trump wrote on his account.

“It is a great deal for all three countries, solves the many deficiencies and mistakes in NAFTA, greatly opens markets to our Farmers and Manufacturers, reduces Trade Barriers to the U.S. and will bring all three Great Nations together in competition with the rest of the world,” he continued.

“The USMCA is a historic transaction!” he wrote. “Congratulations to Mexico and Canada!”

In a separate tweet, Trump announced a news conference on the agreement will be held at 11 a.m. in the Rose Garden.

Moments before a midnight deadline, Canada joined a deal reached last month between the US and Mexico.

The new deal will replace the 25-year-old North American Free Trade Agreement that was signed into law by President Bill Clinton.

Trump called NAFTA “the worst deal ever made” and blamed it for decimating American manufacturing jobs.

US Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland said in a joint statement that the new pact will result in “freer markets, fairer trade and robust economic growth in our region.”

“It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home,” the statement said.