Japan (Tokyo) Japanese Prime Minister Ishiba Shigeru has said at a news conference that he plans to step down. Ishiba said he will not run in his ruling Liberal Democratic Party’s upcoming special leadership contest.
Ishiba said he strongly believed it was the responsibility of his administration to pave the way for the negotiations on US tariffs, which should be called a national crisis.
He also said that he felt a sense of closure when Japan and the United States signed a memorandum on Japanese investment last week and US President Donald Trump signed an executive order.
He said he had told LDP Secretary-General Moriyama Hiroshi to carry out procedures for the presidential election based on the party’s rules.
Ishiba said he hopes the party will begin the process of choosing a new president.
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