Former Republican Arkansas Gov. Mike Huckabee says that even Donald Trump would be a better president that Barack Obama.

The Fox News host announced Saturday that he was not running for the Republican nomination in 2012, but he isn't announcing support for another Republican just yet.

"There may be a point in which I endorse, but right now I'll see how the race unfolds and listen carefully to how they develop their message," Huckabee told Fox News' Chris Wallace Sunday.

Following Huckabee's Saturday announcement, Trump appeared on Fox News to wish the former governor good luck.

"So Mike, enjoy the show, your ratings are terrific, you're making a lot of money, you're building a beautiful house in Florida, good luck," Trump said.

Wallace asked Huckabee Sunday if he could support Trump for president.

"I'm going to support the Republican nominee," Huckabee replied. "I'm a Republican."

"I believe that Donald Trump would be better for America than Barack Obama because he understands business. Donald Trump has taken a pro-life position. He believes we are getting shanghaied by China, which I agree with."

Huckabee also said several other Republicans stood to benefit from his decision not to get into the race.

"I don't know but I think there are a number of people who are similar to me in terms of point of view. Rick Santorum, for example. Strong social conservative, but also strong fiscal and I think defense conservative, and foreign policy conservative as well. Tim Pawlenty, another person. Newt Gingrich. Michele Bachmann. I think all of these folks, very clearly might benefit from it. Sarah Palin, should she decide to get in," he said.

Watch this video from Fox's Fox News Sunday, broadcast May 15, 2011.

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