the tire pressure depends on the tire...read the sidewall and see what the tire manufacturer requires.
Generally, the pressure is going to be higher than regular car tires, assuming the trailer actually has trailer tires and not low cost car tires.
The load capacity of the trailer is directly affected by proper inflation.
Trailer tires are not rated for high speed, so keep your towing speeds below 65mph and check their temperature, bearings and temp, as well as lug nut tightness every 100-200 miles.
Of course if the trailer is overloaded, bring a bottle jack, tools and spares, at least one.
best of luck
YMMV