I also think we should host a sovereign election and ask the Taiwanese people what they think we should do.
Taiwan already has a democractically-elected President. Instead of holding a "sovereign election," you could just listen to her:
>Tsai expressed her solidarity with Hong Kong protesters, remarking that Taiwan's democracy was hard-earned and had to be guarded and renewed. Pledging that as long as she was Taiwan's president, she would never accept "one country, two systems", Tsai cited what she considered to be the constant and rapid deterioration of Hong Kong's democracy over the course of 20 years.
This is why America entered the war so late. If America were thinking of itself as world police at the time, why did it take America so long to actually go to war?