Speaking to New York magazine, the reality show host said that Woods is under a great deal of pressure.
"He's been through a lot. I really think that this tremendous pressure that's been put on Tiger," Trump said.
He added: "If he can circumvent that pressure, I think he will do fantastic in the Masters. He has always handled pressure well, but nobody’s ever had this kind of pressure."
When asked about former Apprentice contestant James, who has been accused of cheating on wife Sandra Bullock, Trump said: "I always liked him a lot.
"He's a tough guy, a smart guy I always liked him a lot, and I always wondered why he didn't bring Sandra on the show… I guess we look back and perhaps we can understand why he didn't bring her on."
Trump's new series Donald J. Trump's Fabulous World of Golf premieres April 16 on the Golf Channel.