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Japan Faces Trade Uncertainty After Ruling Party’s Election Defeat
Japan is facing trade and political uncertainty after a historic defeat for the prime minister’s ruling party. Shigeru Ishiba is trying to buy time for his premiership following this past weekend’s election, which left the ruling bloc three seats short of a majority in the upper house.
Factbox-Who Could Replace Japan's Ishiba as Leader of the Ruling Party?
Japan's Prime Minister Shigeru Ishiba attends a press conference at the headquarters of the Liberal Democratic Party (LDP) in Tokyo on July 21, 2025, the day after the prime minister's coalition lost its upper house majority.
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