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I posted this idea here but I thought I'd make it its own thread.
What if the US never gets any Pacific territory? e.g. 19th Century British Sandwich Islands, Spanish-American conflict (if and when it happens) is limited to the Caribbean etc. Germany is often brought into these scenarios but I think it's safe to assume that the Great War plays out the same way (the addition of Guam to the German Marianas is unlikely to affect the European trenches) so any German gains would be redistributed among the Allies (France, UK, Netherlands?, Japan?). How does a major *Pacific War play out under those conditions? The US likely still has economic interests in the region but without territory to protect it may be more inclined to work with whoever is in charge.