After Donald Trump announced that he will be backing Mitt Romney in the 2012 presidential election, the business tycoon told Neil Cavuto why he made his decision to back the former Massachusetts governor.

“I think that he will do really well. I loved his performance in the last two debates. I thought they were great and if he performs that way he will beat Obama very, very decisively in the debates and, I think, the election.”

Trump said that he certainly wouldn’t run for president if Romney gets the nomination.

When it comes to Newt Gingrich, he said, “I do like him. I do respect him, and he’s a member of my club in Washington. He’s a good guy, but I do think that Mitt Romney, who is also somebody I like and respect, I’ve said that also from the beginning, he’s going do very well against Obama.”

“If the right person gets in, this country becomes great again. That’s all I get out of it,” Trump said.