Two people briefed on Trump's deliberations confirmed Politico's report to the Washington Post, and a third person with knowledge of the internal discussions confirmed that the White House is preparing to slowly phase out the programme so Congress could pass legislation for an alternative programme to help the programme's recipients, known as "Dreamers."
Many questions remain about how the policy would be implemented, including how long after Trump's announcement current DACA beneficiaries would have to renew their protected status.
Should Trump move forward with this decision, he would effectively be buying time and punting responsibility to Congress to determine the fate of the Dreamers. There is a consensus view among many of his top advisers that the DACA programme, which President Barack Obama created by executive action, would not stand up in a court of law.
Attorney-General Jeff Sessions, senior policy adviser Stephen Miller and recently departed chief White House strategist Stephen Bannon have advocated a hard-line immigration stance with the president, including ending DACA.
But Trump has long voiced sympathy for the programme's beneficiaries, many of whom immigrated to the United States as young children and have lived here for most of their lives.
"We love the Dreamers," Trump told reporters last week in the Oval Office. "We think the Dreamers are terrific."
Surrogates for Trump said that American workers would benefit by ending the DACA programme, which has let undocumented children work and study in the United States without fear of deportation, but congressional Republicans urged the White House to leave the programme intact.