Japan heads to polls in key test for PM Ishiba
JAPAN, JUL 21 – The ruling coalition needs 50 of 125 contested seats to keep control but polls predict a loss, risking Prime Minister Ishiba's leadership amid inflation and trade tensions.
- On Sunday, July 20, Japanese voters will cast ballots in a tightly contested election for half of the 248 seats in the upper house of parliament.
- The election follows the ruling coalition losing its lower house majority last October amid rising prices and immigration worries weakening Prime Minister Shigeru Ishiba's position.
- Surveys indicate that Prime Minister Shigeru Ishiba's ruling party and its allied group Komeito may not secure the 50 seats required to maintain their majority, while smaller opposition parties advocate for tax reductions and increased government expenditure.
- Japan must reach an agreement with the U.S. by August 1 to avoid 25 percent tariffs on its exports, heightening economic pressure amidst rising inflation and challenges facing household finances.
- A poor election outcome could disrupt US-Japan trade talks, shake investor confidence, and may compel Ishiba to resign or seek opposition support with policy compromises.
220 Articles
220 Articles
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