What was one consequence of U.S. interventions under Dollar Diplomacy?

One significant consequence of U.S. interventions under Dollar Diplomacy was heightened anti-American sentiment in Latin America. Dollar Diplomacy, a term associated with President William Howard Taft's policy, aimed to promote U.S. financial interests abroad by encouraging American businesses to invest in foreign economies, especially in Latin America and East Asia. While this approach intended to stabilize regions and foster positive relations through economic ties, it often resulted in local resentment.

Local populations perceived these interventions as forms of economic imperialism, where the U.S. was seen as exerting undue influence over their governments and economies. Many Latin Americans felt that their sovereignty was compromised as U.S. interests took precedence over local needs. This imposition of American financial interests frequently led to social unrest, increased nationalism, and a rising tide of anti-American sentiment, as many viewed the policies as undermining their autonomy and dignity.

This context highlights how interventions intended to stabilize and enhance U.S. influence instead fostered distrust and resentment, showcasing the complexities and unintended consequences of diplomatic strategies that prioritize economic over diplomatic relations in the region.