Japanese Prime Minister Shigeru Ishiba announced his resignation on Sunday after a series of election losses, pushing world’s fourth-largest economy into political uncertainty.
Japanese Prime Minister Shigeru Ishiba announced his resignation on Sunday after a series of election losses, pushing world’s fourth-largest economy into political uncertainty just as it clinched a trade deal with the US. Ishiba, 68, said he must take responsibility after his ruling coalition lost its majorities in both houses of parliament, driven by voters‘ frustration over the rising cost of living, Reuters reports. He described President Trump’s tariffs as a „national crisis“ but said the completion of negotiations means he can leave office now, per NBC News.
