Sept 24 (Reuters) - Fitch:
* FITCH SAYS TRADE RISKS WOULD COMPOUND CANADIAN BANKS' CONSUMER EXPOSURE
* FITCH SAYS DOWNSIDE ECONOMIC RISKS FROM TARIFF-RELATED JOB LOSSES COULD TRANSLATE INTO HIGHER LOSSES IN BANK CONSUMER PORTFOLIOS IN CANADA
* FITCH SAYS POTENTIAL TARIFF ON CANADIAN AUTOS, WOULD AFFECT ONTARIO MOST GIVEN LARGE AUTO MANUFACTURING SECTOR
* FITCH SAYS U.S. TARIFFS ON STEEL & ALUMINUM IMPOSED IN JUNE (AND CANADA'S RETALIATORY TARIFFS) HAVE HAD LITTLE DIRECT IMPACT ON OVERALL CANADIAN GDP
* FITCH SAYS ECONOMIC EFFECT OF ADDITIONAL TARIFFS WOULD BE FELT THROUGHOUT ECONOMY, RESULTING IN SOFTENING OF LABOR & HOUSING MARKETS, & REDUCED INVESTOR CONFIDENCE
* FITCH SAYS BELIEVE A SIGNIFICANT TARIFF OR TRADE SHOCK COULD LEAD BANK OF CANADA TO PAUSE RAISING (OR EVEN CUT) RATES TO HELP BORROWERS