Japanese Prime Minister Shigeru Ishiba is expected to resign amid growing opposition within his party following a heavy defeat in the upper house election. Ishiba faces pressure to take responsibility for the loss while balancing delicate trade negotiations with the U.

TOKYO (AP) — Japanese Prime Minister Shigeru Ishiba said Monday he will stay in office to tackle challenges such as rising prices and high U.S. tariffs after a weekend election defeat left his coalition with a minority in both parliamentary chambers and triggered calls for his resignation.

Japanese Prime Minister Shigeru Ishiba is likely to resign by the end of August after his ruling coalition experienced a significant setback in the recent upper house election. The coalition, comprised of the Liberal Democratic Party and Komeito,

Japanese voters are participating in a crucial upper house election that could determine the fate of Prime Minister Shigeru Ishiba's leadership amidst rising inflation and trade tensions with the US.

An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba,