Trade in Asia and Latin America American Diplomacy in Asia The Open Door Policy War erupted between China and Japan over Korea Korea was part of China Japan easily defeated China Russia was worried that Japan would take over Japan had mastered western technology and industry Sphere of Influence Foreign nations controlled economic development such as railroad construction and mining. Russia, France, Germany, and Britain also wanted land leases in China The Boxer Rebellion Chinese societies organized to fight foreign control Decided to destroy “foreign devils” and Chinese Christian Converts Took over foreign embassies in Peking and Tientsin Killed more than 200 foreigners 8 countries intervened China had to pay a fine for causing the damage to the other nations. Roosevelt’s Diplomacy September 6, 1901 William McKinley assassinated by an anarchist Teddy Roosevelt took over as President Roosevelt wanted to expand into other parts of the world He wanted people to be aware of what was going on in other regions. Balancing Power in the East Support Open Door Policy Negotiated an end to the war between Japan and Russia Roosevelt won the Noble Peace Prize Relations with Japan were unsteady after peace treaty Wanted more power in Asia The Panama Canal Speak softly and carry a big stick Create a canal between Panama Save money and time in shipping American materials Panama Canal Acquiring the Canal Zone Panama Revolts Hay-Pauncefote Treaty United States had exclusive rights to build a canal in Central America French started to build a Feared losing the money from canal, but didn’t have the money to finish the job the canal Did not like the Columbian rule Small uprising in Panama Did not like the President’s decision to aggressively take over the land. Roosevelt Corollary Venezuela defaulted on its debt US would intervene in Latin America to help maintain stability Wanted to keep Europe out of the region US helped with funding to keep Europe out of the region Dollar Diplomacy William Howard Taft created this program Less military aide and more help with Latin American Industry American businesses would increase trade and Latin American industry Took over loans to block European Intervention Woodrow Wilson Diplomacy in Mexico University Professor and Author Opposed Imperialism Interested in domestic affairs rather than international issues Mexican Revolution Foreigners owned much of the industry People rebelled in 1911 Francisco Madero led the revolution Killed by Victoriano Huerta Huerta was a brutal leader Wilson did not want to trade with Mexico Wilson sends troops Americans arrested in Tampico No apology from Mexico Wilson wanted to invade Anti-American riots broke out Pancho Villa and guerillas invade New Mexico Killed 16 Americans Wilson sent 16,000 troops to find Villa