What countries were Dollar Diplomacy used?

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2026-03-22 14:35

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Dollar Diplomacy was primarily used by the United States in Latin America and East Asia during the early 20th century, particularly under President William Howard Taft's administration. Notable examples include interventions in Nicaragua, where the U.S. supported a regime favorable to American business interests, and in China, where the U.S. sought to promote American investments. The policy aimed to use economic power to achieve foreign policy goals, often leading to military interventions to protect American investments.

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