What if the US Navy received a Royal Navy-sized budget in 1900?
Short answerIt would first expand industrial capacity, then build a much larger fleet whose growth would place severe additional pressure on Germany's naval strategy.
NotesThe United States could not immediately turn the larger appropriation into warships because yards and supporting industry would first have to expand. Early orders would still reflect 1900-era machinery and design limits, including the use of triple-expansion engines before turbines. More cruiser construction could produce a better-balanced fleet as the infrastructure caught up. Germany would face a larger American fleet while already struggling to compete with Britain. The Royal Navy could also cite American expansion when seeking funds, increasing the quantitative pressure on German naval policy.