What does the cryptic crossword clue "Leaders of right-wing establishment host US counterpart (10)" mean?

The definition is "US counterpart". The wordplay uses acrostic. R (first_letter="right-wing") + E (first_letter="establishment") + PUBLICAN (synonym="host") = REPUBLICAN; definition: "US counterpart" The answer is REPUBLICAN.

Leaders of right-wing establishment host US counterpart (10)

Times Cryptic #28607 | 7 Down | 2023-05-19 flower

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