May sets out vision for frictionless trade after Brexit

British Prime Minister Theresa May called on Friday for a deep partnership with the European Union after Brexit, setting out ambitions for a tailor-made deal with independent arbitration and new arrangements for regulation and financial services.In an attempt to add detail to Britain's Brexit negotiation, May said the new trading relationship will need binding reciprocal agreements but that British laws need not be the same as the EU to achieve the same regulatory outcomes.May said that in chemi