
War, AI, and Grid Stress: Why This Is Solar Power’s Moment
The war in Iran is solar power’s Covid moment.
ECONOMIST & AUTHOR
Economist Ian Fletcher is one of America’s foremost experts on the problems of free trade. He is the author of Free Trade Doesn’t Work and the coauthor of The Conservative Case Against Free Trade and Industrial Policy for the United States.
He has been senior economist at the Coalition, a research fellow at the US Business and Industry Council, an economist in private practice, and an IT consultant. He was educated at Columbia University and the University of Chicago. He lives in San Francisco.
CPA Speakers Bureau Member: Ian Fletcher is available to speak to the topics of:

The war in Iran is solar power’s Covid moment.

As the Congressional Budget Office (CBO) projects a $1.9 trillion federal deficit for fiscal year 2026, Congress is under increasing pressure to identify durable budget pay-fors. In most cases, that discussion quickly narrows to three familiar choices: raise domestic taxes, cut spending, or continue borrowing more. But tariffs warrant more serious consideration.

China holds a rapidly expanding position in the global biologics and biosimilars market, driven by heavy government support, regulatory reforms, and massive investments in biotech hubs like Shanghai and Suzhou.

Revoking PNTR for China would move Chinese imports onto an average effective Column 2 tariff rate of 38.9 percent, helping rebalance trade, restore domestic production capacity, and reduce strategic dependence on an increasingly adversarial economic system.