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.

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.