What was the neutrality act of 1939

After a fierce debate in Congress, in November of 1939, a final Neutrality Act passed. This Act lifted the arms embargo and put all trade with belligerent nations under the terms of “cash-and-carry.” The ban on loans remained in effect, and American ships were barred from transporting goods to belligerent ports.

This Act lifted arms embargo and put all trade with belligerent nations under the terms of “cash-and-carry.” They banned loans,  American ships were barred from transporting goods to belligerent ports