Japan Prime Minister Ishiba Shigeru announces resignation
Japanese Prime Minister Shigeru Ishiba.
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Japanese Prime Minister Shigeru Ishiba announced on Sunday that he would resign from his post for weeks after weeks of pressure for his resignation.
“I made a hard decision to resign,” he said in the comments translated by Japan’s public publisher NHK. The Liberal Democratic Party (LDP) members in the party “difficult division” overcoming the “strong wish”, he added.
He said that he had been thinking of his duty as prime minister since last year’s elections, but it was a matter of finding the right timing. The Prime Minister added that he could announce his resignation when he saw that certain results were given with the US Tariff Agreement.
Japan had fought to make a trade agreement with the US and to protect the large automobile sector from high tasks. US President Donald Trump signed an executive order On Thursday, to implement a trade agreement with Japan, including cars, including 15% start tariff for most Japanese goods.
The agreement was decided after months of negotiations, and Washington and Tokyo continue to marketing on details for weeks before signing.
Ishiba encountered calls to resign in the last weeks after the power of the ruling LDP did not secure the majority in the sub -parliamentary elections on October 27th.
At home pressure
At the beginning of this week, the ruling liberal Democratic Party issued a long -awaited report on why he lost seats in the upper home elections in July.
The report damaged the party’s lack of appeal for measures for inflation, previous political scandals and weak mobilization of young voters.
Local media reports claimed that many LDP’s key members pointed out the intention of resigning to the Prime Minister, while Ishiba aims to call to choose another leader in his party.
– Anniek Bao from CNBC contributed to this report.
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