Asian markets slide after Trump bans European travelers over virus

Circuit breakers triggered in Thailand, Indonesia and Philippines

20200312 trump address

U.S. President Donald Trump addresses the nation from the White House on March 11. © Reuters

NANA SHIBATA, Nikkei staff writer

TOKYO -- Asian stock markets swooned Thursday after U.S. President Donald Trump announced a ban on travel from Europe. Trump announced the decision after the World Health Organization declared the new coronavirus a pandemic.

The travel suspension, which runs for 30 days starting Friday, excludes the U.K. and returning U.S. citizens who have undergone "appropriate screenings."

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