US EditionPolitical Turmoil Continues as Ishiba’s Fate Hangs in the Balance
JAPAN, JUL 23 – Prime Minister Ishiba plans to resign after a significant Upper House election loss, sparking a competitive leadership race within the Liberal Democratic Party amid internal divisions.
- Following the Liberal Democratic Party's significant defeat in the July 20 upper house election, Japan's Prime Minister Shigeru Ishiba is expected to step down by the close of August 2025.
- The announcement follows a collapsing minority government and internal LDP divisions amid voter discontent fueled by inflation, though Ishiba has denied stepping down imminently.
- Potential successors include reform-minded farm minister Shinjiro Koizumi, heir to a political dynasty, and conservative Sanae Takaichi, noted for her 2016 media license revocation proposal and right-wing stance.
- Meanwhile, the US-Japan tariff deal setting a 15% import tax, below Trump's threatened 35%, eases trade tensions though challenges and uncertainties remain for Japan’s economy and new leadership.
- Ishiba’s resignation will trigger an LDP leadership race amid a fragile parliamentary majority, rising nationalist challengers, and inflation-driven public frustration, complicating Japan's political outlook.
10 Articles
10 Articles
US trade pact not enough to save Japan's Ishiba
TOKYO – In the case of Japan’s beleaguered prime minister, Shigeru Ishiba, the head of lettuce has very good odds. The reference here is to the Liz Truss crisis of late 2022. At the time, the then-UK prime minister attempted to sneak a sizable, unfunded tax cut past bond traders. The extreme market turmoil that […] The post US trade pact not enough to save Japan’s Ishiba appeared first on Asia Times.
Who could replace Japan's Ishiba as leader of the ruling party?
Japan's Prime Minister Shigeru Ishiba plans to announce his resignation by the end of next month, media said on Wednesday, following a bruising defeat in an upper house election. That step would trigger a leadership race in his Liberal Democratic Party (LDP), whose winner would face a vote for prime…
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