New Delhi, April 2 -- US stock indices slipped on Wednesday ahead of a heavily-touted new tariff announcement by President Donald Trump.

At 09:39 a.m. the Dow Jones Industrial Average fell 156.51 points, or 0.37%, to 41,833.45, the S&P 500 lost 26.55 points, or 0.47%, to 5,606.52 and the Nasdaq Composite lost 99.07 points, or 0.57%, to 17,350.82.

Trump has billed the announcements as "Liberation Day" tariffs, and said the reciprocal levies are meant to address what he calls "unfair" treatment from US trading partners.

Published by HT Digital Content Services with permission from MINT....