diff --git a/crates/js-component-bindgen/src/function_bindgen.rs b/crates/js-component-bindgen/src/function_bindgen.rs
index d02844262..d541a28a7 100644
--- a/crates/js-component-bindgen/src/function_bindgen.rs
+++ b/crates/js-component-bindgen/src/function_bindgen.rs
@@ -3569,6 +3569,10 @@ impl Bindgen for FunctionBindgen<'_> {
                 // then we should start it, given that the task we have recently created (however we got to
                 // the async return) is going to continue to be polled soon (via the driver loop).
                 //
+                // Host-import tasks may be parented by a canonical ABI subtask. Their
+                // resolution is propagated to that subtask, and their own completion
+                // promise is intentionally left unsettled, so return the lifted host
+                // value directly after resolving and exiting the task.
                 uwriteln!(
                     self.src,
                     r#"
@@ -3580,7 +3584,7 @@ impl Bindgen for FunctionBindgen<'_> {
                           }})
                           task.resolve([ret]);
                           task.exit();
-                          return {return_awaited_completion_promise};
+                          return ret;
                       }}
 
                       const componentState = {get_or_create_async_state_fn}({component_idx_expr});
@@ -3617,14 +3621,6 @@ impl Bindgen for FunctionBindgen<'_> {
 
                       return {return_task_res};
                       "#,
-                    // If we are returning the awaited task completion promise directly
-                    // that contains a future<t>, we must wrap the result so we can deal
-                    // with nesting if present
-                    return_awaited_completion_promise = if self.wrap_async_future_result {
-                        "{ value: await task.completionPromise() }"
-                    } else {
-                        "await task.completionPromise()"
-                    },
                     // If we are returning the task result post-resolution, and it contains a future<t>,
                     // we must wrap the result so we can deal with nesting if present
                     return_task_res = if self.wrap_async_future_result {
diff --git a/crates/test-components/src/bin/async_host_import_hang.rs b/crates/test-components/src/bin/async_host_import_hang.rs
new file mode 100644
index 000000000..ba3e9189b
--- /dev/null
+++ b/crates/test-components/src/bin/async_host_import_hang.rs
@@ -0,0 +1,18 @@
+mod bindings {
+    use super::Component;
+    wit_bindgen::generate!({
+        world: "async-host-import-hang",
+    });
+    export!(Component);
+}
+
+struct Component;
+
+impl bindings::Guest for Component {
+    async fn run() -> u32 {
+        bindings::load().await
+    }
+}
+
+// Stub only to ensure this works as a binary
+fn main() {}
diff --git a/crates/test-components/wit/all.wit b/crates/test-components/wit/all.wit
index 9f75c3e85..89b64aabd 100644
--- a/crates/test-components/wit/all.wit
+++ b/crates/test-components/wit/all.wit
@@ -308,6 +308,11 @@ world async-simple-import {
   export get-string: async func() -> string;
 }
 
+world async-host-import-hang {
+  import load: async func() -> u32;
+  export run: async func() -> u32;
+}
+
 world async-error-context {
   export local-run-async;
 }
diff --git a/packages/jco-transpile/test/p3/async.ts b/packages/jco-transpile/test/p3/async.ts
index aab054efe..8a8a661a8 100644
--- a/packages/jco-transpile/test/p3/async.ts
+++ b/packages/jco-transpile/test/p3/async.ts
@@ -4,6 +4,7 @@ import { suite, test, assert, expect } from 'vitest';
 
 import { WASIShim } from '@bytecodealliance/preview2-shim/instantiation';
 
+import { transpile } from '../../src/index.js';
 import { setupAsyncTest } from '../helpers.js';
 import { AsyncFunction, LOCAL_TEST_COMPONENTS_DIR, createReadableStreamFromValues, timeoutMs } from '../common.js';
 
@@ -190,6 +191,55 @@ suite('Async (WASI P3)', () => {
         await cleanup();
     });
 
+    // https://github.com/bytecodealliance/jco/issues/1898 (bug 4)
+    test.concurrent('async host import tasks do not hang after resolving their parent subtask', async () => {
+        const { instance, cleanup } = await setupAsyncTest({
+            component: {
+                path: join(LOCAL_TEST_COMPONENTS_DIR, 'async-host-import-hang.wasm'),
+                imports: {
+                    ...new WASIShim().getImportObject(),
+                    load: { default: async () => 42 },
+                },
+            },
+            jco: {
+                transpile: {
+                    extraArgs: {
+                        asyncMode: 'jspi',
+                        asyncImports: ['load'],
+                        asyncExports: ['run'],
+                    },
+                },
+            },
+        });
+
+        try {
+            assert.strictEqual(
+                await Promise.race([instance.run(), timeoutMs(5_000, 'async host import timed out')]),
+                42,
+            );
+        } finally {
+            await cleanup();
+        }
+    });
+
+    test.concurrent('async host import trampolines return lifted values directly', async () => {
+        const { files } = await transpile(join(LOCAL_TEST_COMPONENTS_DIR, 'async-simple-import.wasm'), {
+            name: 'async-simple-import',
+            minify: false,
+            asyncMode: 'jspi',
+            asyncImports: ['load-string', 'load-u32'],
+            asyncExports: ['get-string', 'get-u32'],
+        });
+        const source = new TextDecoder().decode(files['async-simple-import.js']);
+        const directHostReturns = source.match(/task\.resolve\(\[ret\]\);\s*task\.exit\(\);\s*return ret;/g);
+
+        assert.isAtLeast(directHostReturns?.length ?? 0, 2);
+        assert.notMatch(
+            source,
+            /task\.resolve\(\[ret\]\);\s*task\.exit\(\);\s*return await task\.completionPromise\(\);/,
+        );
+    });
+
     test.concurrent('async return of imported owned resource', async () => {
         class ExampleResource {
             constructor(id) {