red fluid dripping from botom of 97 gt

my gt is leaking red, runny fluid from the bottom of the engine. some of the fluid got on the belt and caused it to slip off. i don't know where the fluid is comming from. possibly the radiator, or maybe the a/c pump. has this happened to anyone???????

Likely its transmission fluid coming from a transmission cooler line.
Or, have a look in the power steering resivoir. Is that fluid the same colour?
If so, that might be the leak source. Sometimes people use transmission fluid in the power steering. It works okay, but is not ideal.