Over the past few weeks, the world had a front-row seat to the chaotic mind of American president, Donald Trump. In just a few months, the man has made some of the most irrational decisions imaginable – none more so than the tariff war that he has entered into with the world, including the US’s historical allies like Canada and Europe.

Trump believes that the entire world – from developed countries in the Global North to some of the poorest countries in the most underdeveloped regions in the Global South – has conspired to take advantage of the US. He has retaliated by imposing tariffs, which he says will encourage US consumers to buy more American-made goods, increase the amount of tax raised and lead to huge levels of investment in the country...