Christian asked me to take a closer look at this.
What you want to do is not possible with Toolset without adding a custom solution, I'm afraid.
Views is built upon the WordPress class WP_Query and is used for querying WordPress content types (posts, users, taxonomies).
WooCommerce orders are a type of post, and so are amenable to querying using Views.
But the content of orders are stored in custom database tables and are not accessible to WP_Query.
It's not the case that Toolset is not looping over the Orders correctly, the issue is that Order line items are not a post type and so the WordPress query loop is not relevant here, you are asking it to do something which it is not designed to.
That's why a custom solution is required.
With the wpv-ordered-product-ids shortcode we created a glue-shortcode to help bridge the gap between standard WordPress loops and the custom storage used by WooCommerce. It has one intended use, which is to retrieve the products belonging to an order, and that works. It can then be used to create a second query which loops over the products of the order.
Your use-case is different. You want to be able to iterate over the line items of an order (I'm being careful not to use the word 'loop', because in WordPress that has a specific meaning). Because line items are not a WordPress content type (posts, users, taxonomies), it is simply not possibly to "loop" over them using Views.
This needs a custom solution. I'm not even sure how we would implement it if you were to request it as a feature. We might possibly create something like the wpv-for-each syntax that for an order determined by the context would repeat content for each line item, I'm not sure.
You are welcome to submit a request for that: https://toolset.com/home/contact-us/suggest-a-new-feature-for-toolset/
You could try the contractors to find someone to implement it for you (https://toolset.com/contractors), but in this case WooCommerce expertise would be more important than Toolset expertise.
But I'm afraid implementing such a solution is outside the scope of support.