Installing @types/jquery results in an unwanted global $ declaration

I have the following defined in package.json:

{
  "dependencies": {
    "@types/jquery": "^3.5.5",
  }
}

Which adds the following type declaration via @types/jquery/misc.d.ts:

declare const jQuery: JQueryStatic;
declare const $: JQueryStatic;

Now I have global $ and jQuery variables defined for all of my modules, but this is not only unwanted... it's wrong. Code similar to the following is blowing up at runtime because the TypeScript compiler believes that $ is a global when in fact it must be imported:

// $ is never imported here, and jQuery is not initialized globally in the browser

export function foo(node?:JQueryXML):void {
    node.children().each(function(_, el) {
        let node = $(el);
        if (node.attr("type") === VALUE) {
            doStuff();
        }
    });
}

Just to be sure, I tried commenting out those two declaration lines in @types/jquery/misc.d.ts and I got the expected error:

error TS2592: Cannot find name '$'. Do you need to install type definitions for jQuery? Try `npm i --save-dev @types/jquery` and then add 'jquery' to the types field in your tsconfig.

40    let node = $(el);

However, I've now effectively disabled all jQuery type checking. I've got an additional 50+ errors because all other modules where I correctly import $ are treating the variable as any.

How can I tell the TypeScript compiler that I want the type definitions from @types/jquery but that $ is not a valid global variable?