Tegas chairman Datuk Len Talif Salleh (centre) visiting a stall at the organisation's Raya open house on Thursday (Apr 10). - ZULAZHAR SHEBLEE/The Star
KUCHING: Tabung Ekonomi Gagasan Anak Sarawak (Tegas) says it would help start-ups under its auspices mitigate challenges from the United States' tariffs.
Tegas chairman Datuk Len Talif Salleh said the organisation was awaiting the outcome of assessments by the federal and state governments on the tariffs’ impact on the economy.
"Our start-up programme continues. We will see how the tariffs will impact our programme in the short and long run.
"We will incorporate the assessment by the government into our programme as a whole," he told reporters when met at Tegas' Raya open house here on Thursday (Apr 10).
US President Donald Trump had imposed a 24% tariff on Malaysian imports as part of sweeping higher tariffs against multiple countries.
On Wednesday (Apr 9), however, he announced a 90-day pause for countries hit by the higher rates except China.
Len Talif said Tegas would not be directly affected by the tariffs as it was not involved in trading but in training programmes.
Its initiatives include a digital innovation hub to support and empower early-stage start-ups and social enterprises in Sarawak through access to training and venture acceleration programmes.
It also runs the Tegas Digital Village to promote digital innovation and entrepreneurship with initiatives such as growth acceleration and scale-up programmes.
"What is important is how our programmes can be run to assist those affected so that they can mitigate problems that arise from the tariffs," Len Talif said.
