In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese head of state to address the World Economic Forum in Davos, Switzerland — winning applause as he inveighed against protectionism and declared that a trade war would hurt both sides.

The president targeted Europe for trade inequities and encouraged countries across the globe to invest in manufacturing in the U.S.—or face steep duties.

Little more than a year after storming to the presidency with a mandate to rip up the rule book and do whatever was needed to turn Argentina around, Javier Milei feels vindicated in his tear-it-down approach to governing.

US President Donald Trump said he would “rather not” impose tariffs on China. His remarks contrast with recent comments in which he threatened 10% penalties, and fall short of proposed 60% levies floated during his campaign.