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  • The State Department said on Monday that it plans to issue a "Level 4: Do Not Travel" advisory for close to 80% of countries worldwide.
  • The move is due to the coronavirus pandemic.
  • See more stories on Insider's business page.

The State Department said on Monday that it plans to issue a "Level 4: Do Not Travel" advisory for close to 80% of countries worldwide, as coronavirus continues to spread.

The update also asked US citizens to "reconsider all travel abroad."

"This does not imply a reassessment of the current health situation in a given country, but rather reflects an adjustment in the State Department's Travel Advisory system to rely more on CDC's existing epidemiological assessments," the statement said.

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