I guess you could call it that but Action might be a bit vague. I thought of it as a political thriller (the fact the president was involved and most of the characters were to do with politics or terrorism)
I've seen it twice, once with a friend and once on my own. The one on my own was probably more enjoyable, as everyone in the cinema (except me 'cause I knew it would happen) would burst out laughing everytime it went back to a flashback. I felt so tempted to shout out
"Oh Shut up!!! It's meant to do that, but not for a joke!"
But decided not to. I was too tired.