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Terence Stewart has international trade law in his blood. He’s the son of the late trade law icon Eugene Stewart, who founded Stewart and Stewart’s predecessor firm in 1958. Today Terence Stewart continues the family tradition of providing top-notch work for major clients. “There is sometimes a perception from clients that big matters need a big firm,” says Stewart, 59. But the 14-lawyer D.C. firm he leads is “plenty big to handle any matter in our area that comes up.” Much of Stewart’s work has been on behalf of the domestic steel industry. He counts Mittal Steel USA Inc. (a division of the world’s largest steel producer, ArcelorMittal) and the United Steel Workers Union as significant clients. As counsel to the union, Stewart drafted the initial Section 201 petition requesting import relief to protect the American steel industry in 2001. “The domestic steel industry was in such a crisis, with 45 companies in bankruptcy,” explains Stewart. “We needed to find a macro solution.” Union President Leo Gerard calls Stewart “the real deal. . . . He’s tremendously smart and knowledgeable, and he’s a very, very good listener.” During the extensive hearings at the U.S. International Trade Commission to determine whether imported steel was injuring the domestic industry, Gerard recalls how the commissioners would single out Stewart — from the dozens of lawyers involved — to ask his opinion. But Stewart wasn’t just interested in impressing those at the top, Gerard says. He also spent hours in the hallway explaining the proceedings to rank-and-file members. “Nobody said he’s got to do that,” says Gerard. “For a fit with our members, Terry’s been perfect.” In 2002, President George W. Bush approved higher duties on a range of imported steel products for three years. Stewart is currently representing the union, which also covers workers in the paper industry, in a hot-button case over coated free-sheet paper from China. The paper is used in high-end commercial printing of coffee table books, annual reports, and other publications. NewPage Corp. brought the petition, but it’s of interest to the union because it raises “important issues as to the quantification of subsidies received,” says Stewart. On May 30, the Commerce Department announced a preliminary determination to apply countervailing duties, because Chinese paper producers were being subsidized. Significantly, the decision alters a long-standing policy not to apply countervailing duties to products from nonmarket economies. A final determination is expected from the Commerce Department in October and from the International Trade Commission in December. Timken Co., which makes engineered bearings and other specialty steel products, is another longtime client. Much of Stewart’s work for the company has come in anti-dumping cases. Scott Scherff, Timken’s assistant general counsel, notes that he has worked with Stewart since 1987 so is well-qualified to describe Stewart as “innovative, tenacious, meticulous, astute, and resourceful.” Stewart has also represented specialty glass and ceramics maker Corning Inc. Debra Waggoner, director of global government affairs for Corning, has consulted with Stewart for 10 years and says he has provided “very detailed, precise analysis on certain tariff matters, and given us direction on how best to address them.” She praises his integrity, high standards, and intimate understanding of the World Trade Organization, adding, “He certainly makes my life easier by sharing his intelligence. He’s wickedly smart. After a meeting with him, I always come out a lot smarter than when I went in.” While Stewart represents only domestic industries in anti-dumping and countervailing duty cases, his practice over the years has also had a foreign component. He served as a technical adviser to the Ukrainian government in its efforts to join the WTO and has offered advice to Pakistan on implementing its trade remedy laws. Stewart attributes his desire to practice law to his father, who died in 1998. “I really only went to law school to have a chance to work with him,” the son says. Still, with his father’s encouragement, he first earned an MBA from Harvard Business School in 1972, then spent several years working for J.C. Penney and other companies. But he could not resist the law long. Stewart earned his degree in 1979 from Georgetown University Law Center and joined the family business. Over the years, he estimates, the firm has been approached by 100 to 150 others about a possible merger, but none has been sufficiently tempting. In addition to the collegial atmosphere, Stewart says he relishes the freedom to devote time to bar and court associations and “whatever crazy thing I find to be intellectually appealing.” Most notably, he spent four years editing a massive, four-volume treatise on the Uruguay round of international trade talks, published between 1993 and 1999. Stewart calls it “the work most widely cited in WTO decisions.” Why did he do it? “Part of what drives me,” says Stewart, “is an interest in understanding and being sure that the system and rules make sense.”

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