Meaning of “walk/tread a tightrope” in the English Dictionary

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"walk/tread a tightrope" in British English

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walk/tread a tightrope

If you walk/tread a tightrope, you have to deal with a difficult situation, especially one involving making a decision between two opposing plans of action:

Many manufacturers have to walk a tightrope between pricing their goods too high and not selling them, and pricing them low and losing money.

(Definition of “walk/tread a tightrope” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)