American companies were appropriating IP or trade secrets as they were called when Birmingham was known as Brummagen.

Nowadays we have China, int al, doing the same sort of job.

Nothing changes.

No the US doesn't do that. We had to make special international treaties which involved getting other governments to sign up for that (in exchange for other concessions). Stop inventing things that never happened just to excuse your politicians bad behavior.

PS Arresting foreigners for things that happened outside of your territory is an act of war.