それは大問題だ。

that (indicating an item or person near the listener, the action of the listener, or something on their mind); it; that time; then; there (indicating a place near the listener); you

topic marker particle; indicates contrast with another option (stated or unstated); adds emphasis

big; large

question (e.g. on a test); problem; problem (e.g. societal, political); question; issue; subject (e.g. of research); case; matter; question (i.e. doubt); public discussion; controversy; trouble; problem; inconvenience; difficulty

be; is; indicates past or completed action; indicates light imperative