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Japan’s PM Ishiba Urges Biden to Approve Nippon-US Steel Deal

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Japanese Prime Minister Shigeru Ishiba has formally requested U.S. President Joe Biden to approve Nippon Steel’s $15 billion acquisition of U.S. Steel, emphasizing the strategic importance of the Japan-U.S. alliance. Ishiba’s plea was delivered in a letter sent on November 20, as confirmed by sources familiar with the matter.

The deal faces opposition from Biden and influential U.S. labor unions, prompting a review by the Committee on Foreign Investment in the United States (CFIUS), a body that evaluates foreign investments for national security risks. With the review deadline approaching next month, the decision holds urgency, especially before President-elect Donald Trump—who has opposed the deal—takes office on January 20. CFIUS may approve the acquisition with conditions, block it outright, or extend its review.

In the letter, Ishiba highlighted Japan’s position as the largest foreign investor in the U.S., underlining the mutual benefits of sustaining this trend. He noted, “This Alliance has reached unprecedented strength under your presidency. We respectfully ask for the U.S. government to approve the planned acquisition by Nippon Steel so as not to cast a shadow on our achievements.”

This marks a shift in Japan’s approach, as Ishiba’s predecessor, Fumio Kishida, had distanced his administration from the deal, framing it as a private business matter. However, Ishiba’s government is now actively advocating for its approval amid concerns about potential damage to bilateral relations.

The acquisition has been controversial due to concerns raised by CFIUS about risks to the U.S. steel supply chain, critical to national security. Ishiba, who recently met Biden at an international summit, noted in his letter that time constraints had prevented in-depth discussions on the matter and that the correspondence was intended to stress its significance at this “critical juncture.”

Nippon Steel has made several guarantees and investment pledges to address concerns. Ishiba reiterated these commitments, emphasizing that the deal would preserve U.S. Steel jobs, enhance competitiveness through technological collaboration, and boost steel production capacity and employment in the U.S.

Neither Biden’s office nor Ishiba’s administration has commented publicly on the letter. Nippon Steel and U.S. Steel also refrained from responding outside of business hours.

The CFIUS decision remains pivotal, as its outcome will have implications for the steel industry and broader Japan-U.S. economic relations.

 

Key Opposition Leader in Japan Admits to Affair Amid Political Shift

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Yuichiro Tamaki, leader of Japan’s Democratic Party for the People (DPP), admitted on Monday to an extramarital affair reported by the tabloid SmartFlash, potentially complicating his role as a critical power broker in Japan’s evolving political landscape. The affair, involving a 39-year-old model and entertainer, was documented by the tabloid with photos of Tamaki, 55, meeting the woman in both July and October. At an impromptu news conference, Tamaki acknowledged the report, stating, “The facts reported this morning are basically true,” and apologized publicly for the situation.

Despite the scandal, Tamaki has retained full support from his party members to remain as leader, according to DPP Secretary General Kazuya Shimba. In response to the affair, Tamaki shared a personal message from his wife, who had emphasized the importance of loyalty: “You can’t protect the country if you can’t protect the person closest to you.” He expressed regret and commitment to move forward, promising to “reflect on my action and do my best to work in a way that is in the best interests of the country.”

This revelation comes at a pivotal time in Japanese politics as lawmakers prepared for a special parliamentary session on Monday to decide if Prime Minister Shigeru Ishiba should continue in his role. Ishiba’s ruling coalition lost its lower house majority in last month’s election, diminishing his mandate but leaving his party with the largest seat bloc. While Tamaki’s DPP had initially signaled they would not support Ishiba in Monday’s vote, the party is open to collaborating with the ruling Liberal Democratic Party (LDP) on specific policy initiatives.

As Ishiba contends with a fragile minority government, Tamaki’s DPP emerges as a potential ally for pushing key legislation, even amid the turbulence caused by his personal controversy.

 

Japan’s PM Ishiba Survives Parliamentary Vote Amid Domestic and International Challenges

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Japanese Prime Minister Shigeru Ishiba retained his leadership after a close parliamentary vote on Monday, following the loss of his coalition’s majority in a recent lower house election. Ishiba, who assumed office on October 1, now faces the challenge of steering a minority government amid mounting international and domestic pressures. These pressures are heightened by the recent re-election of Donald Trump in the United States, rising regional tensions with China and North Korea, and calls within Japan to address inflation and reduce the cost of living.

Ishiba’s coalition, consisting of the Liberal Democratic Party (LDP) and its partner Komeito, holds the largest bloc of seats in the lower house. However, losing their majority has left the coalition dependent on smaller opposition parties to pass legislation. Monday’s leadership vote underscored this vulnerability; it required a runoff—the first of its kind in three decades—after no candidate achieved a majority in the initial round. Ultimately, Ishiba prevailed with 221 votes, defeating former Prime Minister Yoshihiko Noda, leader of the Constitutional Democratic Party, though still falling short of a majority in the 465-seat chamber.

In the coming months, Ishiba faces key tests, including an upper house election next year where the coalition’s narrow majority could be jeopardized. Public trust in his leadership has been weakened by a recent scandal involving unrecorded donations to lawmakers. His immediate priority will be to prepare a supplementary budget for the current fiscal year, with a focus on social welfare and measures to mitigate rising prices. Gaining opposition support will be essential for budget approval, with the Democratic Party for the People (DPP), led by Yuichiro Tamaki, seen as the most likely ally. Although Tamaki has engaged in talks with Ishiba, DPP members abstained from voting for his continuation as prime minister last week. Tamaki’s political standing also faces scrutiny due to a recent personal scandal.

Looking outward, Ishiba’s diplomatic agenda includes a G20 summit in Brazil on November 18-19, where he plans to address Japan’s position in a shifting global economy. Ishiba is also arranging a meeting with U.S. President-elect Donald Trump during the trip, hoping to revive the cooperative Japan-U.S. relationship that marked Trump’s previous term, facilitated by close ties with former Japanese Prime Minister Shinzo Abe. Japanese officials remain cautious, however, as Trump’s return could bring renewed pressure on Japan to increase payments for hosting U.S. military bases and avoid potential trade restrictions.

As Ishiba seeks to balance these internal and external challenges, his leadership will likely depend on securing cross-party alliances at home and stabilizing Japan’s strategic ties abroad.