By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japanese business sentiment worsened for the first time in two years in the three months to March, a closely watched central bank survey showed on Monday, as rising raw materials and labor costs weigh on an otherwise steady economic recovery. A strong yen and simmering fears of a trade war, triggered by U.S. President Donald Trump's move to impose tariffs on Chinese goods, could further undermine corporate morale if threats of retaliation escalate, analysts say. "Yen gains since late January have eroded manufacturers' sentiment but solid global economic fundamentals helped offset the pain.
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