Coming to cross-Taiwan Strait politics, realists are used to triangular relational analysis among Washington, Beijing and Taipei, where Taipei appears to be an equal participant. However, realist analysis never fails to indicate at the same time that in reality Taipei is never in a position strong enough to initiate something except responding to interactions between the other two parties. Realist scholarship in Taiwan is, therefore, torn between the identity of an equal partner and the self-image of a vulnerable dependent. What is lacking in the realist analysis is Taipei’s agency in practicing realism. In this paper, I argue that the socalled triangular relationship does not always constrain Taipei’s policy behavior. On the contrary, it is often Taipei’s own desire to achieve goals unrelated to Washington’s global strategy that induces Washington to constantly reappraise Taipei’s geopolitical values.