I don't think the president would call for it to be banned, but I would expect protests, cries of racism, and possibly violence at theaters to follow even here in America.
Idoubt the latter, but sure, there would be a group of vocal detractors. That's the greatness of living in a free country; people are free to have their own opinions, but we still get to watch the movie of we like (or, at least, we used to be able to...).
My point was that of the group of 'vocal detractors', most of them are going to be the same people who are currently saying "Hey relax, it's just a movie, a comedy".
Hilary Mantel's short story was certainly controversial amongst the expected critics, but it was not "almost banned", or even considered for such a ban by anyone who could effect it.