WASHINGTON, July 16 (Xinhua) -- U.S. President Donald Trump on Wednesday unveiled a plan to impose a unified tariff rate on more than 150 countries and regions, according to a report by Politico.

The tariffs would likely halt German growth in 2025 and limit it to 1.2 percent in 2026, according to the IMK. This compares with the institute's earlier forecast of modest 0.2 percent growth this ...