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President Trump urged Cuba to "make a deal, before it's too late" in a social media post, but it was unclear what he meant. Cuba's president responded with defiance.
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The former UK ambassador to the US tells the BBC the president's advisers would likely warn him against the move.
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But the departing Virginia governor sidestepped questions about whether he himself planned to run for president in three years.
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Financial institutions and other credit card issuers say the cap, which the president wants in effect by Jan. 20, would limit consumers' access to credit.
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In an interview with The New York Times, President Trump made a point of keeping distance from certain hard-line immigration policies, even as he continues to demonize and shut out immigrants.
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