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Benzinga
Benzinga
Business
Ananya Gairola

Japan PM Ishiba Resignation Seen As Inevitable, Decision Expected In August: Report

Rio,De,Janeiro,,Brazil,,November,19,,2024.,Shigeru,Ishiba,,Prime

Japanese Prime Minister Shigeru Ishiba is facing mounting calls to resign after a stinging election loss, just as U.S. President Donald Trump announced a landmark $550 billion trade deal with Japan.

What Happened: On Wednesday, senior executives of Japan's ruling Liberal Democratic Party said that Ishiba's resignation is now seen as inevitable following the coalition's poor performance in Sunday's House of Councillors election, reported Japanese newspaper The Mainichi.

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