TOKYO: Japanese Prime Minister Shigru Ishiba was holding painful new American tariffs on Monday, even after losing his upper house majority of his alliance.Liberal Democratic Party (LDP), which has almost operated since 1955, and its fellow Komito had to win 50 seats in Sunday’s election, but they fell three small, National Broadcaster NHK.Angered voters on inflation turn to other parties, especially the “Japanese first” SANSEITO, who made a strong advantage with his “anti -global” drive, which echoes the agenda of populist parties elsewhere.25-year-old Kazuyo Nanasawa, who voted for a small ultra-rugist party, said, “I also feel that (LDP) should have lost more,” 25-year-old Kazuyo Nanasawa, who voted for a small ultra-curidist party, told AFP, saying that the same should leave.It was defeated only after months of forcing the LDP’s alliance to the minority government in the most powerful lower house in 15 years.But on Sunday, it was asked late whether he intends to stay in the office, ISHIBA told the local media: “This is correct.”“(We) The deadline of the tariff is coming on 1 August. Till then we have to perform our best with our body and soul,” he said.If Ishiba goes, it was not clear who can now move to change it that the government needs opposition support in both chambers to pass the law.Takeshi Nemoto, a supporter of 80 -year -old LDP, told the AFP that a new leadership competition for the party will “a defeat fight”, to further complicate the tariff talks with US President Donald Trump’s administration.“Diplomacy is under pressure at this time,” 67 -year -old Shuhai Aano agreed. “Who is going to take care of it? I think (Ishiba) cannot easily take back.”
Japanese first
In the election, 125 seats were seen in the upper house with 248 seats. The alliance needed 50 of them, but local media reported that they won only 47, in which LDP won 39 and Komito eight, giving them 122 deputy.Second place was Japan’s Constitutional Democratic Party (CDP), which won 22 competition seats, followed by Democratic Party for the People (DPP) 17.The right -wing Sanseito party won 14 seats.Sanseito wants “strict rules and limits” on immigration, opposes “radical” gender policies, and wants a reconsideration of decarbonation and vaccines.This was forced to deny any Moscow link last week – which has supported the populist parties elsewhere – after the interview by the Russian state media to a candidate.The opposition is fragmented, and the possibility is thin that parties can form an alternative government, said Professor of Politics and Sociology at Tsukuba University, Hydhario Yamamoto, AFP.It would be difficult to expand the alliance, the most potential partner with the DPP “on the condition that (the government) saves some positive fiscal measures, such as tax cuts,” he said.More likely, Ishiba will continue the need for opposition support based on the case-case to pass the law.In turn, the opposition may press to cut or eliminate consumption, something that Ishiba has opposed to Japan’s huge national loans with more than 200 percent of GDP in Japan.
Trump tariff
After years of stable or declining prices, consumers in the world’s fourth largest economy have been squeezed by inflation since the 2022 invasion of Russia’s Ukraine.In particular, the price of rice has doubled, despite the government’s handouts, many domestic budgets are squeezing.An LDP is not helping the funding scam, and outrage about the US tariff of 25 percent due to cutting from 1 August, if there is no business deal with the United States.Japanese imports are already under 10 percent of tariffs, while the auto industry, which is responsible for eight percent of jobs, is again from 25 percent levy.Despite holding an initial meeting with Trump in February, there is no trade agreement. On Monday, tariffs messenger Rioswa Akajwa left his eighth visit to Washington.“There is no effect from the election results (on talks),” Akazwa told reporters at Haneda Airport in Tokyo, saying that Japan’s national interest remained the “highest priority”.
