Japanese Premier Faces Political Turmoil Amid Election Defeats

Japan's ruling coalition suffered a setback in Sunday's election by losing control of the upper house. This further weakened Prime Minister Shigeru Ishiba's political grip, even as he plans to remain the party leader amidst ongoing tariff negotiations with the U.S. Despite not directly threatening his administration, the election result adds to the pressure on Ishiba, especially following the previous lower house loss in October.

The Liberal Democratic Party (LDP) and coalition ally Komeito secured 47 seats, falling short of a majority in the 248-seat chamber. This lackluster performance, the worst in 15 years, leaves Ishiba vulnerable to no-confidence motions and internal calls for a shift in leadership. Ishiba solemnly acknowledged the tough outcome and emphasized the importance of not jeopardizing crucial trade talks with the U.S.

The opposition capitalized on public discontent over rising consumer prices, promoting tax cuts and welfare enhancements. Analysts predict the LDP must compromise with opposition parties to pass policies, which could unsettle investor confidence. The emergence of the far-right Sanseito party, advocating controversial immigration policies, further adds to Japan's evolving political landscape.

(With inputs from agencies.)