It seems that Trump does not know the difference between fake news, facts, and conspiracy theories.
That's a very good clip, Lois. Thanks for posting it.
It's clear that what Trump is actually trying to do, with his various pronouncements about fake news versus good news (good news being defined simply as stories which treat him favorably) is wrap the general population up into his narcissistic bubble. The goal is to make it such that reality is defined by President Trump, and President Trump alone.
The good news is that a substantial majority of Americans reject this absurdity out of hand (evidenced by Trump's plummeting approval ratings). It's still scary, however, that there is a segment of the population that appears willing to ignore the evidence of their senses and intellects and turn their cognitive functions over to Trump. I would estimate that people who fit this category represent between a quarter and a third of the population.
Unfortunately for Trump (and luckily for us) there aren't enough of these semi-conscious drones to allow Trump to prevail. At this point what power he has comes ONLY from the fact that most Republicans feel it is to their advantage to link forces with Trump in order to accomplish common goals.
But Trump's nutter army and the Republican rank and file are a lousy fit, and the relationship is already strained. I'm going to bet on divorce down the road.