One possibility under consideration would restrict people from entering the U.S. on several different visa categories.
The move is seen as Trump’s first step in punishing China for the virus outbreak.
The memo said to allow employees to work from home until state and local authorities begin reopening.
President Donald Trump this week said Americans “have to be careful” about a return to work
He said the administration is ready to double the fiscal stimulus to $800 billion.
He warned the virus’s impact “could get worse,” adding that “the next eight weeks are critical.”
Trump overstated the European travel ban and incorrectly
There have been 14 deaths from the coronavirus in the U.S., mostly in the Seattle area.
Most market watchers attributed Monday's declines to the coronavirus, but not the president.
The actual "meat" of the agreement will come from future phases, says Commerce Secretary Wilbur Ross.
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