Final answer:
President Taft had a diplomacy style known as "dollar diplomacy," where he used American economic power to influence foreign affairs. He aimed to secure markets and opportunities for American businessmen through foreign policy.
Step-by-step explanation:
President Taft had a diplomacy style known as "dollar diplomacy." Instead of relying on military force or the threat of force like President Roosevelt's "big stick" policy, Taft used American economic power to influence foreign affairs.
Taft aimed to secure markets and opportunities for American businessmen by using foreign policy to promote economic development. He believed that American investments in Latin America and other regions would promote stability and improve diplomatic relations between the United States and other countries.
However, Taft's dollar diplomacy faced challenges and did not always succeed in achieving its goals. In Latin America, it created economic concerns and fostered nationalist movements. In Asia, Taft's efforts to mediate between China and Japan only increased tensions between Japan and the United States.