I think freemium is a ~generally speaking~ better choice these days as people want unrestricted access to testing out the product. Moreover, users are getting tired of losing money to forgotten subscriptions and free trials to new products can abuse this fallacy.

Freemium generally gives you an opportunity to convert a customer down the line. For Free-trial, it forces a customer to make a call very early on whether they'll pay for your product.

Depending on the business model, what's your product?