The phrase references distinct entities and occasions: a celebrated British actor; an award recognizing excellence in movie and tv; and a former president of the US. It implicitly hyperlinks these disparate components, probably suggesting an intersection, response, or commentary involving all three.
The importance lies within the potential narrative woven by juxtaposing these components. The actor’s public statements, the awards ceremony’s socio-political context, and the actions or insurance policies of the previous president might all be areas of convergence or battle. Historic context would rely on the precise occasion or scenario connecting the people and group, highlighting their affect and affect.