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Open Door Policy
Open Door policy was a statement of principles initiated by the United States in 1899 and 1900 for the protection of equal privileges among countries trading with China and in support of Chinese territorial and administrative integrity. The Open Door policy was received with almost universal approval in the United States, and for more than 40 years it was a cornerstone of American foreign policy in East Asia. -
The Big Stick Diplomacy
The Big Stick Policy refers to U.S. President Theodore Roosevelt’s foreign policy: "speak softly, and carry a big stick." Roosevelt described his style of foreign policy as "the exercise of intelligent forethought and of decisive action sufficiently far in advance of any likely crisis. International negotiations backed by the threat of force. -
Panama Revolution
With the support of the U.S. government, Panama issues a declaration of independence from Colombia. The revolution was engineered by a Panamanian faction backed by the Panama Canal Company, a French-U.S. corporation that hoped to connect the Atlantic and Pacific oceans with a waterway across the Isthmus of Panama. -
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The Dollar Diplomacy
The Dollar Diplomacy refers to the use of diplomacy to promote the U.S. commercial interest and economic power abroad by guaranteeing loans made to strategically important foreign countries. Taft and Knox used Dollar Diplomacy in several countries in central. Dollar Diplomacy was also used to aid the stability of Caribbean countries such as in Honduras and Haiti. By using Dollar Diplomacy Taft attempted to extend the American sphere of influence in China and also to Liberia in West Africa. -
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Moral Diplomacy
Moral diplomacy is the system in which support is given only to countries whose moral beliefs are analogous to that of the nation. This promotes the growth of the nation's ideals and damages nations with different ideologies. Wilson's moral diplomacy replaced the dollar diplomacy of William Howard Taft. Taft's dollar diplomacy was based on economic support, while Wilson's moral diplomacy was based on economic power