No one knows how the second Trump administration will ultimately turn out for the U.S. and for the wider world. Perhaps it will end with foreign dictators humbled, America resurgent, and the long march of the left through the institutions finally in reverse. But so far, the new Trump ascendancy could easily leave conservatism discredited. Certainly, it’s already been a key factor in the defeat of conservative parties in Canada and Australia. Hence the question: how should conservative political parties respond to the Trump phenomenon in order to keep their character while maximizing their chances of electoral success?