The Open Door policy was written in 1899. The U.S. was interested in acquiring cheaper goods (mainly cotton) from foreign markets.
John Hays wrote this policy to protect the privileges among countries that were trading with China. He wanted countries to have equal access to ports open to trade in China, and to avoid a monopoly.
The first note in the Open Door Policy said that (1) each great power should maintain free access to a treaty port or to any other vested interest within its sphere.
The Open Door policy was the policy, written in 1899, for the protection of privileges in various countries that were all involved in trade with China. This was because the U.S. was interested in getting less costly products from various foreign markets.
The above answer is further explained in detail as given below:
Therefore, the policy was to make the equal accessibility of ports to be available to all countries.
Learn more about John Hay and the Open Door Policy here:
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