Also with c/c++ style system dependencies, I feel like there are a lot of issues with things like version conflicts which are solved much more simply by a package manager like cargo.
I agree that it's functional, but to say relatively easy I think is a bit of a stretch.
Usually when compiling from source many libraries provide pkg-config configuration files on "make install".
Right now, I'm using the latest version of "reqwest" known to "crates.io." It's pulling in Tokio v0.2.23, not the new tokio v1.0.0. No surprise there, the new version only came out yesterday. So we'll see how the new version works at some time in the future.
It's good to get to version 1. The semantic versioning rules allow breaking changes without changing the first digit when the first digit is 0. Typical complaint on forums: "bignum happens to use rand internally, and it happens to only use version 0.5.0, with restrictions against using a higher version due to breaking changes." Rust still has many low-level crates at version 0.x.x, from "bytes" to "uuid". Reaching 1 indicates greater stability.
Rust makes version pinning feasible, e.g. by allowing multiple versions of the same package in a build (not all module systems have this feature!) but doesn't encourage it. You've identified a problem with using 0.x.y-versioned packages as dependencies (which means de-facto opting out of semver), but that's not a problem with Rust specifically; it could occur in any language.
It is up to the library authors to uphold its semantics.
Isn't it the case with pkg-config that everything is stored in a central location?
In any case, I think you can't seriously argue that the c/c++ dependency management solution is anywhere close to running `cargo build`/`cargo run` in terms of simplicity.
Specially the C++ community has seen lack of something like cargo as weaknesses and moved to sort it out.
On UNIX systems just using pkg-config and similar tools, or just adopt either conan or vcpkg, which contrary to cargo also support binary libraries out of the box.
Plus vendoring C and C++ libraries is not a dark science, only known by old druids.