EconomyLens.com
No Result
View All Result
Saturday, October 18, 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 9, 2025
in Economy
Reading Time: 6 mins read
A A
2
31
SHARES
390
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

China and US agree to fresh trade talks

Argentine peso drops against dollar despite US backing

In Argentine farm town, Milei mania fizzles

US Fed official urges caution but says could back October cut

US Treasury chief to meet China counterpart as tensions flare

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 skills, 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 defense spending and be more muscular in case of confrontation with China over Taiwan.

© 2024 AFP

Tags: Japanleadershippolitics
Share12Tweet8Share2Pin3Send
Previous Post

ECB holds rates as France crisis looms over meeting

Next Post

Germany’s US exports hit four-year low as tariffs bite

David Peterson

David Peterson

Related Posts

Economy

US puts plan to cut ship emissions in troubled waters

October 17, 2025
Economy

Maritime sector to decide on plan to cut emissions opposed by US

October 17, 2025
Economy

US budget deficit narrows just slightly despite tariff revenues

October 17, 2025
Economy

Europe ‘well positioned’ for future shocks: ECB’s Lagarde

October 16, 2025
Economy

Greece lawmakers back plan to allow 13-hour workday

October 16, 2025
Economy

Putin says Russia a top oil producer, despite ‘unfair’ pressure

October 16, 2025
Next Post

Germany's US exports hit four-year low as tariffs bite

Stocks rise tracking political upheaval, data

At consumer tech show, German firms fret about US tariffs

VW unveils affordable EVs to take on Chinese rivals

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 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

79

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

Withering vines: California grape farmers abandon fields as local wine struggles

October 18, 2025

China’s power paradox: record renewables, continued coal

October 18, 2025

China and US agree to fresh trade talks

October 18, 2025

US court bars NSO Group from installing spyware on WhatsApp

October 18, 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.