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Apple CEO Tim Cook will move iPhone production back to the U.S. because he sees it as the right thing to do, the president-elect said in an interview with Axios.

"I really believe he loves this country and I think he'd like to do something major here. And I told him, I said, 'Tim, it's going to be a big achievement the day you start building some of your big plants in this country instead of other countries.' And I think he's got his eyes open to it. I think he's got his eyes open to it." — Donald Trump

The reality: With the exception of some computers made in the U.S. and Ireland, nearly all of Apple's hardware products are made by outsourcing partners in Asia. Apple reportedly asked its Chinese suppliers what it would take to relocate production of the iPhone stateside, but cost is the biggest barrier. Apple has also long said that it has better access to skilled workers in China. And building the iPhone here would lead to higher prices for consumers.

De ja vu: Trump isn't the first president to ask Apple to bring jobs back to American soil. When President Obama asked how it could be done back in 2010, Apple's late CEO Steve Jobs said bluntly, "Those jobs aren't coming back."

Go deeper

2 hours ago - World

Iran rejects nuclear talks with U.S., for now

Iranian Foreign Minister Javad Zarif at Iran/EU talks in 2015. Photo: Carlos Barria/POOL/AFP via Getty

A spokesman for Iran’s Foreign Ministry said on Sunday that conditions are not ripe for informal nuclear talks between Iran, the U.S. and other world powers.

Why it matters: The Biden administration had proposed the talks as part of its efforts to negotiate a path back to the 2015 nuclear deal. The White House expressed disappointment with Iran's response, but said it remained willing to engage with Tehran.

2 hours ago - Health

U.S. sets weekend records for daily COVID vaccinations

A driver waits to receive the Pfizer-BioNTech Covid-19 vaccine in Inglewood, California on Feb. 26. Photo: Eric Thayer/Bloomberg via Getty Images

Just over 2.4 million coronavirus vaccinations were reported to the CDC on Sunday, matching Saturday's record-high for inoculations as seen in Bloomberg's vaccine tracker.

Why it matters: Vaccinations are ramping up again after widespread delays caused by historic winter storms. Over 75 million vaccine doses have been administered thus far, with 7.5% of the population fully vaccinated and 15% having received at least one dose.

GOP Sen. Bill Cassidy: "We will lose" if we continue to idolize Trump

Sen. Bill Cassidy (R-La.) told CNN's "State of the Union" Sunday he does not believe that former President Trump will, or should, be the Republican nominee for president in 2024.

What he's saying: Cassidy pointed out that "over the last four years, [Republicans] lost the House of Representatives, the Senate and the presidency. That has not happened ... since Herbert Hoover."