No, that is the de minimis exemption repeal. This is due to a series of new tariffs on copper and other metals which is unusual (and nonsensical) in that it applies to the metal content of finished and semi-finished products. The de minimus rule exempted low value individual products sent directly to consumers, but this metal tariff affects all importers, unless they deal in one of the carved-out product categories.
They removed the de minimis exemption the day before they announced the tariffs so it's conflated all the time, but they are technically different policies enacted with separate executive orders