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"The National Tooling &amp;amp; Machining Association (NTMA) and the Precision Metalforming Association (PMA) praised the Senate&amp;rsquo;s passage of the Currency Exchange Rate Oversight Act, a bill designed to address currency manipulation by U.S. trade partners including China.  &amp;nbsp;  &amp;ldquo;U.S. manufacturers can compete with anyone if provided a level playing field; however, currency manipulation negatively impacts the ability of U.S. businesses&amp;mdash;and small manufacturers in particular&amp;mdash;to compete in the global marketplace,&amp;rdquo; the organizations said through a joint statement. &amp;ldquo;This bill is one step toward addressing this long-standing problem, and we urge the House of Representatives to pass this legislation as quickly as possible.&amp;rdquo;  &amp;nbsp;  The joint statement was issued through &amp;ldquo;One Voice,&amp;rdquo; a collaborative effort through which the two organizations combine their federal government advocacy programs."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.mmsonline.com/news/ntma-pma-praise-currency-legislation>