CRC heavy duty marine rust inhibitor should do well, or Boeshield T-9. But how do you get it in there?
I have seen aircraft mechanics with a long SST tube and spray nozzle on the end that they use to spray corrosion inhibitor inside aircraft wings and fuselage. I think they can fit it through a 3/4" hole. They usually use Corrosion-X on airplanes because it is thin and creeps into small gaps, but I like T-9 for marine use because it goes on a little thicker and waxy.
It's too late for my trailer, I can feel loose chunks of rust inside. I am building a new trailer frame soon (galvanized steel tongue, Aluminum I-Beam frame).
_________________

"Knot Easy" 2000 Horizon 240 Volvo 5.7GS /SX
tow: 2017 Honda PILOT EXL-AWD
prev. boats:
'87 Chaparral 198CXL 4.3 OMC Cobra
'69 Jetstar 16ft Ski Boat, 115hp Yamaha
'68 Aluminum Jon Boat, 3hp Sears
'64 Water Wings