The reason the United States acquired the Midway Islands was to build naval protection against rivals as the United States increased trade with Asia and Latin America.
The Midway Islands:
With the U.S. Navy controlling the islands, we can therefore say that the U.S. acquired the islands as a means of navy protection for American trade in Asia and related areas.
In conclusion, option B is correct.
Find out more on the Midway Islands at https://brainly.com/question/342609.