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Walmart Hits $1 Trillion Valuation After India Trade Deal

2/4/2026

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Story summary
  • Walmart, Inc. surged to a $1 trillion market valuation, the first traditional retailer to reach that milestone after the India trade deal.
  • The India trade deal will significantly reduce tariffs.
  • The deal is expected to boost Indian exports and align them with Vietnam and Bangladesh.
  • John Furner became chief executive officer of Walmart, Inc., succeeding Doug McMillon.
  • Walmart plans to source $10 billion in goods from India by next year.