News Update : 'At end of day ...': US official's big hint as 50% tariffs hit India; what he said about rupee - TOI BUSINESS DESK

Despite escalating trade tensions, a top US official expressed optimism about the future of US-India relations. US Treasury Secretary Scott Bessent highlighted the strong bond between President Trump and Prime Minister Modi. While dismissing the possibility of the rupee becoming a global reserve currency, India has initiated export promotion programs in 40 key markets. Despite escalating trade tensions, a top US official expressed optimism about the future of US-India relations. US Treasury Secretary Scott Bessent highlighted the strong bond between President Trump and Prime Minister Modi. While dismissing the possibility of the rupee becoming a global reserve currency, India has initiated export promotion programs in 40 key markets. Source: https://timesofindia.indiatimes.com/business/india-business/we-will-come-together-us-official-on-50-tariff-on-india-calls-trump-pm-modi-bond-very-good/articleshow/123546715.cms Date: 2025-08-27T13:21:21.000Z