FX.co ★ Japan PM Ishiba Weighs Resignation Amid U.S. Tariff Talks, Party Pressure

Japanese Prime Minister Shigeru Ishiba is reportedly contemplating his resignation, contingent upon the results of the ongoing tariff negotiations with the United States, as reported by the Yomiuri newspaper. Ishiba faces increasing pressure from members of his own Liberal Democratic Party following a significant loss in Sunday's upper house elections. He has informed his close advisers that he will make a decision regarding his political future once the trade discussions have reached their conclusion. The negotiations are anticipated to reach a resolution by the August 1 deadline, potentially signaling a pivotal moment for his leadership. Ishiba is expected to address the public in a press conference after the negotiations wrap up, and he is also scheduled to meet with senior party officials later today to deliberate on the election aftermath. In a separate development, U.S. President Donald Trump announced earlier on Wednesday that a "massive" agreement had been finalized with Japan, which purportedly involves USD 550 billion in investments from the United States.