UPDATE: U.S FINALIZES $20,000 VISA BOND POLICY AFFECTING NIGERIA AND 49 OTHER NATIONS. (PHOTO).

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 U.S Finalizes $20,000 Visa Bond Policy Affecting Nigeria and 49 Other Nations The United States government has officially formalized its visa bond policy, making it a permanent measure that could require travelers from 50 designated countries, including Nigeria, to pay a refundable bond of up to $20,000 before receiving certain visas. First introduced as a pilot scheme in 2025, the policy targets applicants seeking B1 and B2 visas, which are designated for business and tourism. According to the U.S. Department of State, the initiative is designed to bolster compliance with local immigration laws and drastically reduce visa overstay rates. How the Visa Bond Policy Works Under the permanent guidelines, U.S. consular officers have the discretion to instruct eligible applicants to post a bond as a prerequisite for visa issuance. However, U.S. authorities have clarified that the financial requirement will not be applied automatically to every traveler from the listed nations. Data anal...
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EU HITS U.S. WITH RETALIATORY TARIFFS AS TRADE WAR ESCALATES. (PHOTO).

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 EU Hits U.S. with Retaliatory Tariffs as Trade War Escalates


The European Union has approved retaliatory tariffs of 10% to 25% on U.S. imports, set to begin next week. These include levies on items such as jeans and motorcycles, though U.S.-made whiskey is excluded. 


Further tariffs targeting beef, poultry, and citrus fruits will be imposed in mid-May and December. The move follows U.S. tariffs on steel and aluminum imports, affecting EU exports worth €26 billion. The EU has expressed a preference for negotiations but is preparing additional measures in response to U.S. car tariffs.

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