Google has been Censoring for Years
The "new" part of this action is that Google (YouTube) feel confident enough to announce it publically.
In 2016 I made a YouTube playlist (open to anyone) entitled "Election Fraud" wherein I added videos (none from me) detailing the massive election fraud in the 2016 US Democratic primary election. For those too young to remember, Hillary won against the odds, where the odds were 77 Billion to One that the primary results could deviate so much from the exit polls.
Some months after the 2016 election I wanted to reference something from those videos. YouTube had deleted my entire playlist. No messag. Nothing. Just gone. I remembered some of the video details so I went looking for them. Gone as well.
I live in Austria. I have a playlist (not visible to anyone) that contains historical videos deemed too close to Nazi sympathizing to be allowed to be watched in Austria. I can watch them when I travel abroad. YouTube feels, to this day, that I can have those videos, even though I am legally blocked from watching them in my country of residence, but Big Brothers Sergey and Larry think it is too dangerous for me to even collect videos about US election fraud. Google showed its hand years ago that it is a willing tool and ally of the US government establishment.