Alexander Hamilton would agree they are good.


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Earlier this month, Joe Biden announced a host of steep tariffs against electric vehicles, solar panels, semiconductors, and high-capacity batteries made in China. Although only $18 billion or so worth of goods are covered by the tariffs, dollar amounts don’t really convey the ambition of Biden’s move. The U.S. doesn’t import much green tech from China right now because the sector is still developing. The point of Biden’s policy is to make sure that we never do. Contrary to the declamations from some of Biden’s ostensible allies, this is almost certainly good news for both the climate and the global...