The manager praised his attackers after the 2-0 victory, a result which sends his nation through to the final of the Copa America for the first time in 12 years
The Liverpool star scored both goals for the 14-time winners of the competition as they beat Peru 2-0 to set up a final against either Paraguay or Venezuela.
After the match, Tabarez praised the striker, and the rest of his side's attack, for securing the victory.
"He [Suarez] is an elite player in world football," Tabarez said in his post-match press conference.
"We talked about having more presence up top. That is how we got the first goal. Forlan and Suarez appeared. After that, Peru kept attacking, but we had it under control."
The coach admitted he was expecting a tough fight from the Peruvians.
"This rival was as difficult as we thought they would be. We had an experience with them in the first game," he said.
"Our worry was [Paolo] Guerrero and [Juan Manual] Vargas. They are determined, but I think we controlled the game."
Now Uruguay are one game away from the title, and Tabarez feels the team will be ready.
"We know that we can win and lose. Now we have the chance to win the final. We are going to try and win it," he added.