Unable to import MP3 Files

I am unable to import mp3 files into Cubase 9.5 for some reason. I am able to import wav files and such, but not mp3s. It always says “not a supported file type” in the description when the import window is up.

Are you sure the files really are proper MP3 files & don’t just have a “.mp3” file extension?

Is this happening with the Import dialog in the Pool Window.