President Trump’s advisers are considering several offramps to avoid enacting the universal tariffs on Mexico and Canada that he had pledged, according to people familiar with the matter, even as he reiterated Thursday that the tariffs are coming. The situation is fluid and Trump still may go through with his 25% across-the-board levies. …But amid ongoing negotiations, the administration appears undecided on whether to impose tariffs on all imports from those countries, adding that officials are preparing to opt for more targeted measures instead. Trump is still likely to announce some sort of trade action by Saturday, but it may only affect certain sectors, such as steel and aluminum. Trump may also include major exemptions, such as oil. And the tariffs could be issued using existing legal authorities instead of more novel approaches officials had previously floated. …The administration could also announce new tariffs with a grace period, allowing negotiations to continue.

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