A second line of thought suggests that Orban’s willingness to hold elections and transfer power proves that Trump isn’t an existential threat to American liberal democracy. Is that correct?
No, because Hungary has a parliamentary system and is largely dependent on the EU for handouts. Trump has far more power within his system, controls the armed forces, and does not depend on any outside forces to stay in office. He also has guaranteed immunity for unconstitutional actions, the right to pardon accomplices, and a history of trying to overturn election results. It’s not the same thing as all.