Japan’s Ishiba says he’ll stay in office to tackle inflation and US tariffs despite election loss

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Even though I am very troubled by the election results, I feel compelled to fulfill my obligations to the nation and its citizens in order to prevent politics from stagnating or drifting, Ishiba stated. Problems like the state of the world and natural disasters won’t wait for improved political conditions.

Ryosei Akazawa, his principal tariff negotiator and Economic Minister, is on his way to Washington for his ninth round of negotiations. “As soon as possible,” the prime minister stated, he expects to meet with U.S. President Donald Trump and come to a mutually beneficial agreement.

Stung by previous corruption revelations, Ishiba’s coalition lost a majority in the October lower house election. Since then, his unpopular government has been forced to make concessions to the opposition in order to pass legislation through parliament. This Sunday’s vote follows that setback. It has not been able to swiftly implement efficient policies to counteract declining incomes and rising costs, notably those of rice, which is a traditional staple in Japan.

Trump has increased the pressure by griping about the lack of progress in trade talks, the decline in U.S. auto sales, and the failure to sell American-grown rice to Japan despite a shortage of the grain in domestic supplies.Another setback for Ishiba has been a 25% tariff that is scheduled to go into effect on August 1.

Ishiba stated at a press conference on Monday that the Komeito and his LDP have decided to remain in their coalition while pursuing additional collaboration from the opposition parties.

Ishiba did not specify how long he intended to stay on and opposed calls for his resignation. He is staying to put the urgent problems on a path to resolution for the benefit of the nation and its citizens, not for personal gain,” he declared.

When price increases outpaced salary increases, voters quickly shifted to new conservative and right-wing populist parties.

By advocating for increased take-home income, the Democratic Party for the People increased its number of seats by fourfold. Surging to third place in the opposition, the right-wing Sanseito ran on a Japanese First platform that included stronger restrictions on foreigners and traditional gender roles.

People’s dissatisfaction with the LDP’s policies regarding rising prices, foreign residents, and other issues has caused the party to lose support. Ishiba promised to promptly assess the findings and take the lesson to heart.

Not a single opposition party expressed interest in working with the ruling coalition. Yoshihiko Noda, the leader of the CDPJ, told NHK that forming an alliance among the opposition is his top goal.

According to Noda, the Ishiba government was flatly rejected by the public.

Late Sunday, Sohei Kamiya, the leader of Sanseito, told NHK that he is amenable to working with the ruling alliance on conservative measures. He said his party performed better than anticipated, but he would hold off on trying to build a multi-party coalition like others in Europe until he had more seats in the other house in the next election.

Thanks to AP

Thanks to AP

Thanks to AP

Thanks to AP

Thanks to AP

Thanks to AP

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