iPhone XS Max. Photo: Spencer Platt/Getty Images

iPhone assembler Foxconn says it has the capacity to manufacture Apple products outside of China if U.S.-China trade relations escalate, Bloomberg reports.

Why it matters, per Axios' Ina Fried: Nearly all iPhones are currently made in China, presenting a huge risk for Apple. Having a solid plan B is a good thing given the unpredictability of U.S.-China trade relations.

Driving the news: President Trump has threatened China with new tariffs on $300 billion worth of Chinese goods — which would inevitably affect Apple — if President Xi Jinping is a no-show at the upcoming G20 summit.

Backdrop: Apple is already feeling the effects of China's slumping economy. The company had to mark down its Q4 revenue expectations in January, attributing it in part to the ongoing trade war.

  • Foxconn, also known as Hon Hai Precision Industry Co., is Apple's most important manufacturer.
  • Board nominee and semiconductor division chief Young Liu said in an investor briefing in Taipei on Tuesday that the company will support Apple if it decides to move production, though no decisions have been made.
  • It's unclear which manufacturing plants would assume the majority of the company's relocated production. India's facility is currently running quality tests for Apple's iPhone XR series, per Bloomberg.

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Replacing the nursing home

Illustration: Sarah Grillo/Axios

Nursing homes have been the epicenter of the coronavirus outbreak, prompting more urgent discussions about alternative housing situations for elderly Americans.

Why it matters: Deaths in nursing homes and residential care facilities account for 45% of COVID-19 related deaths, per the Foundation for Research on Equal Opportunity — but there are few other viable housing options for seniors.

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How Joe Biden would tackle the coronavirus

Illustration: Aïda Amer/Axios

If Joe Biden wins in November, his coronavirus response would feature a no-expenses-spared federal approach to mitigating the virus and a beefed-up safety net for those suffering its economic consequences.

Why it matters: It’s nearly inevitable that the U.S. will still be dealing with the pandemic come January 2021, meaning voters in America will choose between two very different options for dealing with it.

Coronavirus cases flat or growing in 48 states

Data: The COVID Tracking Project, state health departments; Map: Andrew Witherspoon, Sara Wise, Naema Ahmed, Danielle Alberti/Axios

The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia.

Why it matters: This is a grim reminder that no part of the United States is safe from the virus. If states fail to contain their outbreaks, they could soon face exponential spread and overwhelmed health systems.