TOKYO (AP) — Japanese Prime Minister Shigeru Ishiba said Monday he will stay in office to tackle challenges such as rising prices and high U.S. tariffs after a weekend election defeat left his coalition with a minority in both parliamentary chambers.

The embattled prime minister said he would remain in office to oversee tariff talks with the United States and other pressing matters.

Japanese Prime Minister Shigeru Ishiba's coalition failed to secure a majority in the upper house elections, winning only 47 seats. This defeat leaves Ishiba's government in the minority and prompts concerns over potential political turmoil ahead of critical U.