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Ishiba Reaffirms Leadership at Rare LDP Caucus After Election Setback

He says he will remain in power to oversee a new US-Japan trade accord reducing tariffs from 25 percent to 15 percent.

On Sunday, Ishiba again signalled he intends to stay in office even after the ruling coalition lost its majority.
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Overview

  • Mr Ishiba opened a full caucus of Liberal Democratic Party lawmakers on July 28 to examine causes of the party’s July 20 upper house election loss.
  • He vowed to stay in office to avert a political vacuum and ensure full implementation of a tariff-reduction pact with the United States.
  • Surveys by Mainichi and Asahi newspapers published July 27 showed 29 percent approval for his government, with 41 percent calling for his resignation and 81 percent attributing the defeat to party-wide failings.
  • Former foreign minister Toshimitsu Motegi has publicly urged the party to seek a 'fresh start' with new leadership.
  • The LDP now faces its first dual-house minority since 1955, raising questions about its capacity to advance legislation.