Markets plummet after Trump imposes new coronavirus travel ban
Public events are being canceled. Travel bans are in place. And schools are closing worldwide as authorities race to combat and contain the global coronavirus outbreak.
The pandemic is taking a toll on the markets.Thursday and trading came to a halt after President Trump announced his decision to ban non-U.S. citizens who have recently been in many European nations from entering the United States for a month.
It’s an unprecedented attempt to stop the spread of the new virus, which has infected more than 100,000 people.
“To keep new cases from entering our shores, we will be suspending all travel from Europe to the United States for the next 30 days,” Mr. Trump said in a brief, rare
[Source: CBS News]