What were the Neutrality Acts of 1953?

Answer 1

The acts were laws passed in 1935, 1936, 1937, and 1939 to limit U.S. involvement in future wars. The 1935 act banned munitions exports to belligerents(countries that were engaged in warfare.in this case, specifically WW2) and restricted American travel on belligerent ships. The 1936 act banned loans to belligerents. The 1937 act extended these provisions to civil wars and gave the president discretionary authority to restrict nonmunitions sales to a "cash‐and‐carry" basis (belligerents had to pay in advance then export goods in their own ships).The 1939 act banned U.S. ships from carrying goods or passengers to belligerent ports but allowed the United States to sell munitions, although on a "cash‐and‐carry" basis. Congress repealed the Neutrality Acts on 13 November 1941.

(i largely copied and pasted this answer from this site: http://www.answers.com/topic/the-neutrality-acts)

Answer 2

The Neutrality Acts of 1953 forbade the sale of munitions to all belligerents whenever the president should proclaim that a state of war existed. Neutrality acts was legislation affirming non-belligerency in the event of war.