

In Japan’s snap parliamentary elections, indicators and opinion polls point to a major victory for Sanae Takaichi, the country’s prime minister, and the ruling Liberal Democratic Party. The ruling coalition is expected to secure a decisive majority or even two thirds of the parliamentary seats. If power is consolidated, Takaichi is expected to pursue expansive fiscal policies with a focus on investment in technologies such as artificial intelligence and to adopt firmer positions in the defense sector.

U.S. President Donald Trump signed an executive order creating the legal framework for imposing tariffs on goods from countries that trade with Iran. However, these tariffs have not yet been applied immediately or automatically. Under this order, officials from the U.S. Departments of State and Commerce must identify the countries concerned and determine the level of additional tariffs, cited for example at 25 percent. This threat could disrupt U.S. trade relations with countries such as India, Turkey, and China.