walk a tightrope

US /wɔk ə ˈtaɪt.roʊp/
UK /wɔk ə ˈtaɪt.roʊp/
"walk a tightrope" picture
1.

to be in a difficult situation where a small mistake could have serious consequences

:
The company is walking a tightrope financially, trying to avoid bankruptcy.
As a diplomat, he often has to walk a tightrope between conflicting interests.