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The treaty signed by the US and Spain on December 10, 1898, is known as the Treaty of Paris. It formally ended the Spanish-American War, with Spain ceding control of Puerto Rico, Guam, and the Philippines to the United States in exchange for $20 million. The treaty marked a significant shift in U.S. foreign policy, establishing the U.S. as a colonial power and expanding its influence in the Caribbean and the Pacific.

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