Recently, wireless communication capacity has been witnessing unprecedented growth. Benefits from the optoelectronic components with large bandwidth, photonics-assisted terahertz (THz) communication links have been extensively developed to accommodate the upcoming wireless transmission with a high data rate. However, limited by the available signal-to-noise ratio and THz component bandwidth, single-lane transmission of beyond 100 Gbit/s data rate using a single pair of THz transceivers is still very challenging. In this study, a multicarrier THz photonic wireless communication link in the 300 GHz band is proposed and experimentally demonstrated. Enabled by subcarrier multiplexing, spectrally efficient modulation format, well-tailored digital signal processing routine, and broadband THz transceivers, a line rate of 72 Gbit/s over a wireless distance of 30 m is successfully demonstrated, resulting in a total net transmission capacity of up to 202.5 Gbit/s. The single-lane transmission of beyond 200 Gbit/s overall data rate with a single pair of transceivers at 300 GHz is considered a significant step toward a viable photonics-assisted solution for the next-generation information and communication technology (ICT) infrastructure.