Minister of Treasury and Finance Mehmet Şimşek stated, “We will continue to support production and exports in line with our sustainable current account deficit target.” Minister of Treasury and Finance Mehmet Şimşek made evaluations regarding foreign trade on his social media account. In his post, Şimşek used the following statements: The annual foreign trade deficit improved by 7.3 billion dollars compared to the same month of the previous year in March, reaching 84.5 billion dollars. Despite the daily deficit, while exports increased annually by 3.2% in March, the increase in imports excluding energy was 0.8%. Tariff increases expected to negatively impact global growth increase risk perception in markets and put downward pressure on commodity prices. Weak global growth poses risks to our exports, although our country’s relatively low tariff rates could provide some comparative advantage in certain sectors. On the other hand, the decline in commodity prices and tightening domestic financial conditions are expected to weaken imports. We will continue to support production and exports in line with our sustainable current account deficit target.