President Taft tried to employ dollar diplomacy to counter __________________.

Question

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Dollar diplomacy was a policy of using U.S. financial power to extend its influence abroad. President Taft used this policy to counter Japanese influence in China, particularly after Japan's victory over Russia in the Russo-Japanese War of 1904-1905. Taft saw Japan as a potential threat to American interests in China, and believed that by offering financial incentives to China, he could weaken Japan's hold on the region.

President Taft Tried to Employ Dollar Diplomacy to Counter __________________