EconomyLens.com
No Result
View All Result
Sunday, September 7, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

‘Trump Whisperer’ ex-minister joins Japan PM race

David Peterson by David Peterson
September 7, 2025
in Economy
Reading Time: 6 mins read
A A
0
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

The race has begun to succeed Japanese leader Shigeru Ishiba, who stepped after several party setbacks at the polls . ©AFP

Tokyo (AFP) – A former top diplomat dubbed the “Trump Whisperer” was the first candidate Monday to join the race to be Japan’s next leader, a day after premier Shigeru Ishiba announced his resignation. Former foreign minister Toshimitsu Motegi is angling to lead the world’s fourth-largest economy as it faces fresh turbulence stemming from rising food prices and fallout from US tariffs on its crucial auto sector.

Related

ECB set to hold rates steady with eye on France crisis

Most EU carmakers on track to meet emission targets: study

Seoul says over 300 South Koreans detained in US to be released

Swiss minister eyes ‘opportunity’ after US tariff talks

Indonesia’s delayed new capital risks ‘white elephant’ status

The long-dominant Liberal Democratic Party (LDP) will elect its new chief, reportedly in early October, after Ishiba said Sunday he would step down after his party fared terribly in two elections. “We have to move Japan forward, resolving difficult issues at home and abroad,” party heavyweight Motegi told reporters. “I have made up my mind to run.”

During a turbulent 11 months at the helm, Ishiba — initially seen as a safe pair of hands — lost his majority in both houses of parliament, dealing a major blow to the LDP that has governed almost continuously since 1955. Repeated calls for him to take responsibility for the losses made his position untenable, reports said.

Motegi, a 69-year-old former LDP secretary general who was also trade minister, is among a clutch of contenders likely to emerge in the coming days. With strong English, the Harvard-educated politician was dubbed the “Trump Whisperer” for his deft handling of tricky US-Japan trade talks. Another candidate is Sanae Takaichi, a 64-year-old hardline nationalist and one-time heavy metal drummer who lost out to Ishiba in 2024. She would be Japan’s first woman premier.

Shinjiro Koizumi, 44, the telegenic, surfing son of an ex-premier who was recently tasked with lowering rice prices as Ishiba’s farm minister, could also run. Other hopefuls could include Yoshimasa Hayashi, Ishiba’s top government spokesman, and Takayuki Kobayashi, former economic security minister.

– Ageing population, national debt –

The LDP will discuss when and how to elect its new president this week, a party official told AFP, but the new leader will still need approval from both chambers of parliament to become Japan’s prime minister. There’s a slim chance that the LDP president could lose the vote, with the ruling coalition — made up of the LDP and the Komeito party — a minority in both houses of parliament.

“The LDP needs to find someone who can unite the party, appeal to the public, but also someone who can gain support from other parties,” Kensuke Takayasu, politics professor of Waseda University, told AFP. Any new leader will have a host of complex issues to tackle including a rapidly ageing population, colossal national debt, and an economy teetering on the brink of recession as inflation pinches consumers.

Despite a new trade deal with President Donald Trump, Japanese imports still face tariffs of 15 percent and Tokyo has promised $550 billion of investments into the US economy. The close US strategic ally is also under pressure to further hike defence spending and be more muscular in case of confrontation with China over Taiwan.

© 2024 AFP

Tags: Japanleadershippolitics
Share8Tweet5Share1Pin2Send
Previous Post

ECB set to hold rates steady with eye on France crisis

David Peterson

David Peterson

Related Posts

Economy

‘Build, baby, build’: Canada PM’s plan to counter Trump

September 7, 2025
Economy

Tough negotiations and uncertainty ahead of OPEC+ meeting

September 7, 2025
Economy

Swiss minister eyes ‘opportunity’ after US tariff talks

September 7, 2025
Economy

88 postal operators suspend services to US over tariffs: UN

September 7, 2025
Economy

Seizing Russian assets would risk ‘terrible systemic shock’ to euro: Belgian FM

September 5, 2025
Economy

The massive debt behind France’s political turmoil

September 5, 2025
0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

77

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

ECB set to hold rates steady with eye on France crisis

September 7, 2025

Asian shares rise as Japan politics weigh on yen

September 7, 2025

Most EU carmakers on track to meet emission targets: study

September 7, 2025

Key OPEC+ members boost oil production

September 7, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.