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In this Nov. 14, 2019, photo, people cross a street in Tokyo. A closely watched economic survey by the Bank of Japan showed sentiments among major manufacturers soured for the fourth straight quarter, the “tankan” survey released Friday, Dec. 13, 2019. A trade war between the U.S. and China crimped trade and growth. Japan’s growth is dependent on exports and any slowdown in pan-Pacific trade hurts company sentiments. (AP Photo/Koji Sasahara)

In this Nov. 14, 2019, photo, people cross a street in Tokyo. A closely watched economic survey by the Bank of Japan showed sentiments among major manufacturers soured for the fourth straight quarter, the “tankan” survey released Friday, Dec. 13, 2019. A trade war between the U.S. and China crimped trade and growth. Japan’s growth is dependent on exports and any slowdown in pan-Pacific trade hurts company sentiments. (AP Photo/Koji Sasahara)

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