I doubt that the ants and the slug are doing any damage, and certainly not with the holes in the leaves. Since the leaves are not turning yellow, it is probably not cherry leafspot, which is the most common problem on cherry trees. Since the leaves are green, then it might be various insect feeding which is more unsightly than serious. You should keep an eye on the tree for further changes e.g. continued symptoms, increased damage etc. Be sure to keep the tree from stress this summer with watering and perhaps use a mulch at the base of the tree.