The New York Times reported on Tuesday that Republicans close to the White House whisper about a possible joint campaign by Haley and Pence in 2020.
Rumours of a possible Haley-Pence ticket in the 2020 US Presidential polls also made the rounds after reports surfaced suggesting that Haley was not communicated about White House's change in course on Russia sanctions.
US ambassador to UN Nikki Haley recently shut down Trump administration over calling her "confused". US President Donald Trump was infuriated over Haley's remarks stating that Trump would call for fresh sanctions on Russia while he wasn't planning anything on those lines.
National Economics Adviser, Larry Kudlow called Haley's statement an outcome of her "confusion" to which she responded saying that, "With all due respect, I don't get confused".
While the incident made front-page headlines across the world, experts and political analysts got busy anticipating a possible rift between Trump and Haley.
Trump has already confirmed running for a second term in 2020. Haley's role at the United Nations, which initially raised eyebrows among diplomats, has been widely appreciated. She is often acknowledged for her political skills while her ambitions for a higher office is also speculated.
However, Haley on Wednesday smoothened-out speculations over her sour relationship with the US President calling it "perfect".
A senior administration official said that Haley had not been "freelancing" when she spoke about new Russian sanctions on Sunday. "The president just wanted to slow down the process after she spoke," the official said.
When asked on Wednesday if Trump should be worried about a Pence/Haley campaign, Haley smiled, shook her head and said: "No."
Pence's office did not immediately respond to a request for comment.
(With inputs from Reuters)