What can a President do?
Same as Ronald Reagan did when he saved Harley Davidson.
He can lobby Congress to make and change laws.
He can use the “Bully Pulpit” to speak against any move. If he can turn the American People against such a move.......................
The first is iffy, considering the current congress is in the pockets of the Chamber of Commerce and big Corporations.
The second, coming from a popular president would be very effective.