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In what ways did President William Howard Taft differ from his predecessor, Theodore Roosevelt, in his approach toAmerican imperialism? Main Events Impact on American foreign policy and international relations and how it differed from Teddy Dollar Diplomacy Favored American financial investment abroad rather than navyChinese Railroads Succeeded in securing American participation in an agreement signed in 1911Nicaragua US intervened in Nicaragua’s financial affairs to protect American investments in 1911, civil war in 1912Lodge Corollary Stated that non-European powers (such as Japan) would be excluded from owning territory in the Western Hemisphere. Offended Japan and angered Latin American countries

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William Howard Taft was the only person to hold both the presidency and the position of Chief Justice of the United States.

His dollar diplomacy favored foreign financial investment by the United States (US).

The ways of approach to Imperialism:

  • President Taft was more committed to increasing US international commerce by developing measures to stimulate US investment in Latin America, the Caribbean, and the Far East.

  • Taft employed government officials to encourage sales of American products abroad, which mostly consisted of military gear and heavy industrial commodities, in order to carry out this program.

For more information about imperialism, refer below:

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