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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TRUMP HINTS AT CUTTING CHINA TARIFFS TO 80%.(PHOTO).

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 Trump hints at cutting China tariffs to 80%


9th May 2025



US President Donald Trump signalled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers prepare for trade talks over the weekend.


“80% Tariff on China seems right!” Trump wrote on his Truth Social platform, which would bring them down from 145 per cent, with cumulative duties on some goods reaching a staggering 245 per cent.


He added that it was “Up to Scott B.”, referring to US Treasury Secretary Scott Bessent, who will confer with China’s Vice Premier He Lifeng this weekend in Geneva to try to cool the conflict roiling international markets.


In his post, Trump did not say if he thought 80 per cent should be the final, definitive level for tariffs on Chinese goods if and when the trade war ends, or an interim status.


In another post, this time all in capital letters, Trump said, “China should open up its market to USA – would be so good for them!!! Closed markets don’t work anymore!!!”


Trump’s comments came a day after he unveiled what he called a historic trade agreement with Britain, the first deal with any country since he unleashed a blitz of sweeping global tariffs last month.


Trump said the British deal would be the first of many and that he hoped difficult talks with the EU — as well as China — could soon produce results too.


Several countries have lined up to hold talks with Washington to avert the worst of Trump’s duties, which range from 10 per cent for many countries to the sky high ones on China — Trump’s main target.

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