China has surely done all the things you're accusing the US of, but they aren't being punished for that.
Britain took steps as extensive as banning skilled people from travelling to the USA.
All this is just historic and doesn't necessarily feed into what should be done in the present situation, but it is useful to note that this is a common path that developed countries have followed in the past:
- ignore/steal IP
- protect and subsidise domestic equivalents
- upon domestic industry being competitive, reciprocally lower tariffs
- once fully developed, lobby for free trade and strong IP protection
(I'm not sure anything has been proven definitively in the open, but I'm not sure that applies to all these China allegations either)