US engagement with Taiwan should place greater emphasis on the island’s economic resilience and vitality. Further strengthening Taiwan’s economy will make it more capable of bearing the financial burden of defending the island against a Chinese invasion. Additionally, a more robust Taiwan economy could provide more domestic space to manage relations vis-à-vis the United States and China. The United States cannot afford to lose Taiwan, a key democratic partner, an important link in the global supply chain network, and a critical player in America’s competition with China in the global semiconductor industry. The views expressed by the author do not necessarily represent those of the East-West Center.