React Native importing local text file

I can't seem to import a local .txt file however I can import a local .json file. It's weird because they're in the same directory. Does anyone know why this is happening?

This is how I import it:

import myfile from './path/filename.txt'

This is the error I get:

'filetext' is declared but its value is never read.ts(6133)Cannot find module '../assets/samples/test.txt' or its corresponding type declarations.ts(2307)

Screenshots:
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