No, you can still use C++ for the foreseeable future for applications that require it. They are saying don’t use C++ in contexts that clearly don’t need it.

There are some important applications in US DoD where Rust is not a viable replacement for C++. You’d need to broadly disable memory-safety and the performance is still worse. C++ isn’t going anywhere for those applications because it offers material advantages over Rust. And to be frank, this kind of software rarely has memory safety issues generally; the kinds of things that lead to memory unsafety are the kinds of things that also produce poor code on unrelated metrics.