Shigeru Ishiba's Resignation Sparks Speculation Amid Historic Trade Deal
Japanese Prime Minister Shigeru Ishiba plans to resign after a disappointing upper house election, as he announces a trade deal with the U.S. His exit will lead to a leadership battle within the ruling party. Ishiba’s successor must navigate political challenges and gain parliamentary majority support.
In a surprising turn, Japanese Prime Minister Shigeru Ishiba is reportedly planning to resign following a significant setback in the upper house elections. This news coincides with the announcement of a long-anticipated trade agreement with U.S. President Donald Trump.
Ishiba, who delayed his resignation to prevent political upheaval amid crucial trade negotiations, is expected to step down next month. This decision is set to trigger a leadership contest within the ruling Liberal Democratic Party at a time of increasing pressure from emerging political forces.
The next leader will inherit the complex task of unifying the party and garnering enough opposition support to uphold a parliamentary majority, as the nation faces rising economic tensions and the influence of newly popular political movements.
(With inputs from agencies.)
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