Japan, Ishiba
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The ruling LDP has only been able to remain in office as a minority government as a result of the deep divisions among the opposition parties—between the far-right and the nominally liberal parties.
The loss on Sunday left the Liberal Democrats a minority party in both houses of Parliament, while two new nationalist parties surged.
Shigeru Ishiba denied he had decided to quit after a source and media reports said he planned to announce his resignation to take responsibility for a bruising upper house election defeat.
Anti-establishment parties focused on wages, immigration and an unresponsive political elite struck a chord with working-age people in Japan.
Sanseito, a Japanese populist party that draws inspiration from Donald Trump's politics, is gaining support ahead of Sunday's upper house elections, suggesting a notable shift in the country's traditionally centrist landscape.
The fringe far-right Sanseito party emerged as one of the biggest winners in Japan's upper house election, gaining support with warnings of a "silent invasion" of immigrants.
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Its leader is a former supermarket manager who created his political party on YouTube in the depths of the coronavirus pandemic and campaigned on the Trumpian message “Japanese First.”
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Stocktwits on MSNJapan's Ruling Party Loses Grip As Trump Tariff Deadline Looms: What Happens Next?The road to Japan’s trade deal with the U.S. just got longer and more winding as Prime Minister Shigeru Ishiba’s coalition lost its majority in the upper house following the election held on Sunday. It was only in late October that Ishiba’s Liberal Democratic Party lost the majority in the lower house it had held since 2012.