Boeing's (NYSE:BA) stock edged up by 1.7% in premarket trading Tuesday following a report that China quietly lifted restrictions on the delivery of its aircraft. The end to the ban signals a thaw in trade tensions after Washington and Beijing reached a deal to temporarily ease steep reciprocal tariffs,

China has removed a ban on airlines taking delivery of Boeing planes after the United States and China agreed a temporary cut in steep tariffs, Bloomberg News reported on Tuesday, citing sources familiar with the matter.

China has lifted its ban on airlines receiving Boeing aircraft after a de-escalation of its trade war with the United States.