Speaking at a press conference, Ishiba said the ruling Liberal Democratic Party (LDP) should begin preparing for a leadership election, and he would remain in office until a successor is chosen.

“Now that negotiations on US tariff measures have reached a conclusion, I believe this is the appropriate moment,” said the 68-year-old, adding, “I have decided to step aside and make way for the next generation.”

Ishiba’s resignation follows a difficult term marked by the loss of the LDP’s majority in both houses of parliament. Though considered a steady leader, he struggled to maintain political support amid economic challenges.

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Washington recently agreed to reduce tariffs on Japanese autos from 27.5% to 15%, but the new rate is still expected to impact the vital industry.

“I’m worried that no matter who the new prime minister will be, nothing will change,” said Tokyo resident Yuri Okubo.

Source: Channels