Give it back to the Indians.
The native Hawaiians are not “Indians”, but they are “Native Americans” , i.e., indigenous people who occupied the territory before white men of largely northern European descent “discovered” the new lands.
The Islands themselves very nearly became part of the “Greater East Asia Co-Prosperity Sphere” in 1941, if the surprise attack on Pearl Harbor has been followed up in short order with a physical occupation of the territory. But the Japanese had several other irons in the fire, and failed to consolidate their initial advantage.
Nobody realizes today how very close the United States came to being on the losing side of that war, We were so woefully unprepared, and so economically strapped, it seemed to be totally impractical to achieve a mobilization before disaster overtook us. Just look at the example of Great Britain in the period of August and September 1940, the Battle of Britain. The aerial envelopment of the British Isles almost worked, and the Germans did in fact occupy several of the Channel Islands. Had Hitler not squandered so much of his military machine in trying to invade the Russian motherland, the battle would have almost certainly broke toward the Third Reich, and the United States would have been truly isolated.