Japan's minority government faces election snub as economic storm brews
JAPAN, JUL 17 – The ruling coalition must win at least 50 of 125 contested seats to maintain control amid voter frustration over inflation and US tariffs, with populist parties gaining ground, polls show.
- This weekend, elections for Japan’s upper house will take place, with projections indicating that the ruling coalition may lose its majority.
- Prime Minister Shigeru Ishiba’s minority government faces pressure from inflation, tariff talks with the US, and rising support for the far-right Sanseito party.
- The far-right party Sanseito, which promotes a nationalist agenda and opposes foreign influence, is expected to secure 10 to 15 seats, indicating a growing trend of populist politics in Japan.
- The Nikkei slipped 0.31% to 39,778.85 as investors booked profits amid election uncertainty, despite Wall Street closing at record highs and Fast Retailing and SoftBank stocks rising.
- The election outcome could complicate US-Japan trade talks, increase investor nervousness about Japan's debt, and force Ishiba to broaden coalitions or possibly resign.
48 Articles
48 Articles
Japan election: What PM Ishiba’s exit would mean amid US tariffs and rising prices
Japanese Prime Minister Shigeru Ishiba faces a difficult test in Sunday’s upper house election. A defeat could worsen political uncertainty, as the country faces multiple challenges. Apart from food shortages and a surge in rice prices, Ishiba is also under pressure from US President Donald Trump over trade demands. Frustrated with the government’s handling of these issues, many voters are now turning to emerging populist parties
A loss for Ishiba could worsen political instability in the face of U.S. tariffs and rising prices
Japanese Prime Minister Shigeru Ishiba faces an increasingly uphill battle in Sunday’s upper house election, and a loss could worsen political instability at a time of daunting challenges, such as…
Rising Prices, Rice Crisis, Tariffs: Threaten Japan's Coalition Ahead Of Vote
Japan's Prime Minister Shigeru Ishiba faces an increasingly uphill battle in Sunday's upper house election, and a loss could worsen political instability at a time of daunting challenges, such as rising prices and high US tariffs.
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