US Media: Trump Cancels Signing Executive Order on AI Regulation

¬ Media: Japanese Authorities Prepare Additional Budget of Nearly $19 Billion Amid Middle East Tensions

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According to Selina Wang, chief White House correspondent for ABC News, President Donald Trump has canceled signing an executive order on artificial intelligence (AI) regulation, arguing that the order would hinder America's advancement in the AI field.

She wrote on the social media platform X: "Just hours before a signing ceremony in the Oval Office, Trump canceled the signing of the AI executive order. The order was originally intended to allow government review of the most powerful AI models prior to their public release. He abandoned the plan because he believes it would slow down America’s leadership position in this domain."

Earlier reports from The New York Times indicated that the U.S. government is considering regulatory measures for new AI models.

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According to Kyodo News citing sources, due to the escalating situation in the Middle East, the Japanese government is considering drafting a supplementary budget for fiscal year 2026 amounting to approximately 3 trillion yen (about $189 billion).

It is reported that part of this supplementary budget will be used to replenish contingency funds. The government plans to allocate around 500 billion yen (about $31 billion) from this fund to subsidize electricity and gas bills for July through September. Funds will also be used to extend gasoline subsidies, helping alleviate the burden of rising resource prices on households.

The supplementary budget proposal for fiscal year 2026 (starting April 1) is scheduled to be submitted to the Diet for deliberation in early June. The funding is expected to come primarily through issuing deficit bonds.

Kyodo News noted that with the Strait of Hormuz effectively closed, rising oil and liquefied natural gas (LNG) prices are expected to be fully reflected in Japan’s domestic electricity and gas rates starting in June. In summer 2025, the Japanese government had allocated 288.1 billion yen (about $1.8 billion) from contingency funds to subsidize gasoline and electricity prices, but the required funds this year are projected to increase significantly.

Source: sputniknews

Original: toutiao.com/article/1865853410020372/

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