Japan Faces Trade Uncertainty
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Japan, Shigeru Ishiba and Debilitating Election Loss
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Prime Minister Shigeru Ishiba is preparing to announce his resignation by August following the ruling Liberal Democratic Party (LDP)'s review
The news of Ishiba’s resignation came hours after Japan secured a trade deal with the US that cut a threatened 25-per-cent tariff to 15 per cent ahead of an August 1 deadline
Japan's Prime Minister Shigeru Ishiba is set to announce that he will step down from the top job, according to local media.
The loss on Sunday left the Liberal Democrats a minority party in both houses of Parliament, while two new nationalist parties surged.
A once fringe opposition party in Japan has become the fourth largest in parliament by pushing a nationalist "Japanese First" agenda.
The reports come after Trump announced a trade deal with Japan, and days after Ishiba’s governing coalition lost its majority in the country’s upper house.
Japan's far-right populist Sanseito party was one of the biggest winners in the weekend's upper house election, attracting many voters with its “Japanese First" platform that included calling for tougher restrictions on foreigners and the curtailment of gender equality and diversity policies.
TOKYO -- Japanese Prime Minister Shigeru Ishiba on Wednesday found the window rapidly closing for him to stay on as the nation's leader -- despite clinching a historic trade deal with the United States -- as his Liberal Democratic Party reels from Sunday's electoral rout in the upper house of parliament.
Sanseito, a Japanese populist party that draws inspiration from Donald Trump's politics, is gaining support ahead of Sunday's upper house elections, suggesting a notable shift in the country's traditionally centrist landscape.
Anti-establishment parties focused on wages, immigration and an unresponsive political elite struck a chord with working-age people in Japan.
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Stocktwits on MSNJapan's Ruling Party Loses Grip As Trump Tariff Deadline Looms: What Happens Next?
The road to Japan’s trade deal with the U.S. just got longer and more winding as Prime Minister Shigeru Ishiba’s coalition lost its majority in the upper house following the election held on Sunday. It was only in late October that Ishiba’s Liberal Democratic Party lost the majority in the lower house it had held since 2012.