Tanya Tucker Hopes 'America Will Listen' to Her New Reagan Film Track and 'Come Together Undivided' (Exclusive)

New music from Tanya Tucker is here!

The Grammy-winning country icon, 65, recorded a moving new ballad, "Do We Want to Win?," for a new soundtrack to accompany the film Reagan about former President Ronald Reagan — and PEOPLE can exclusively debut the song.

"Do we want to fight? Or do we want to win? / If it's more important to be right, we lose before we can begin," sings Tucker on the acoustic track, written by Regie Hamm and Chuck Cannon with production by Cannon and Mark Joseph. "I only want to hold you tight, so I will ask you once again, my friend / Do we want to fight? Or do we want to win?"

Reagan, starring Dennis Quaid in its titular role, was released Aug. 30. The song will be featured on the forthcoming Reagan: Songs Inspired by the Film, a full-circle moment for Tucker, who performed at one of Reagan's eight inaugural balls in 1980.

"So many great memories, like meeting him in the White House," she recalls to PEOPLE. "To have a song like 'Do We Want to Win?' with Chuck Cannon on the Inspired by soundtrack for this movie about an iconic president, portrayed by an iconic actor Dennis Quaid, is one of the biggest honors of my life!"

Tucker adds, "Music is powerful, and I hope America will listen and come together undivided with liberty and justice for us all."

Joseph, who also produced the film, tells PEOPLE in a statement, "Tanya is a living legend, and we were pleased to have her as a part of this collection of songs inspired by the film."

Before the film was released, Tucker watched multiple screenings, says Joseph: "Her collaboration with Chuck and Regie really captured the spirit of what our film was all about. It was an honor to collaborate with her on this song."

In addition to "Do We Want to Win?," Reagan: Songs Inspired by the Film will also include “A Shining City on a Hill” by Travis Tritt, “Always” by The Commodores, “I Knew It Would Be You” by Josh Turner and Kathie Lee Gifford, “I Still Believe In America” by Gary Cherone and more.

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Other original songs featured in the film are Bob Dylan's cover of "Don't Fence Me In" by Cole Porter, Gene Simmons' cover of "Stormy Weather" by Etta James and Clint Black's cover of "Take Me Home, Country Roads" by John Denver, among others.

"We reached out to artists who have stood the test of time since the ‘80s and were thrilled to hear back from so many who wanted to be a part of this collection after watching the film," Sean McNamara, who directed Reagan, tells PEOPLE in a statement. "It’s always thrilling to see how artists create art in reaction to another piece of art."